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Even Studies from the European Central Bank Show Spending Restraint Is Key to Controlling Red Ink

by Dan Mitchell | Jan 21, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the...

Emperor Rompuy Complains that “Bond Vigilantes” Don’t Appreciate Euro Clothes

by CF&P | Jan 15, 2011 | Big Government, Blogs, Welfare and Entitlements

I’ve already poked fun at Herman Van Rompuy, the nondescript über-bureaucrat who has risen to the non-elected post of European Council President. I’ve mocked Rompuy’s attempts to compete with other European politicians, and I encourage everyone to have a good laugh at...

Excellent Polling Data on Spending Restraint vs. Deficit Reduction

by Dan Mitchell | Dec 12, 2010 | Big Government, Blogs, Government Spending

When big-spending politicians in Washington pontificate about “deficit reduction,” taxpayers should be very wary. Crocodile tears about red ink almost always are a tactic that the political class uses to make tax increases more palatable. The way it works is that the...

The Barack Obama Tax Reform Plan?

by Dan Mitchell | Dec 10, 2010 | Blogs, Economics, Flat Tax, Taxation

In my fiscal policy speeches, I sometimes try to get a laugh out of audiences by including a Powerpoint slide with this image. Leading up to this slide, I talk about the Armey/Forbes flat tax and explain that it would eliminate the corrupt internal revenue code and...

The Good, the Bad, and the Ugly of the Tax Deal

by Dan Mitchell | Dec 7, 2010 | Big Government, Blogs, Taxation

Compared to ideal policy, the deal announced last night between congressional Republicans and President Obama is terrible. Compared to what I expected to happen, the deal announced last night is pretty good. In other words, grading this package depends on your...
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