by Dan Mitchell | Jan 27, 2015 | Big Government, Blogs, Bureaucracy, Government Spending
As a taxpayer, I don’t like the fact that government employees get paid more than folks in the private sector. But the big difference between bureaucrats and regular workers isn’t so much the pay, it’s the fringe benefits. And perhaps the biggest difference of...
by Dan Mitchell | Jan 26, 2015 | Big Government, Blogs, Government Spending, Taxation
Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Office’s release of its annual Economic and Budget Outlook. But not just because I’m a fiscal wonk. I also like perusing this publication to find CBO’s “baseline” forecast...
by Dan Mitchell | Jan 16, 2015 | Big Government, Blogs, Economics, Government Spending
Keynesian economics is a perpetual-motion machine for statists. The way to boost growth, they argue, is to have governments borrow lots of money from the economy’s productive sector and then spend it on anything and everything. Even if the money is squandered on...
by Dan Mitchell | Jan 11, 2015 | Big Government, Blogs, Energy, Government Spending, Taxation
One of the very first “accomplishments” of the new GOP majority in Congress was to approve a piece of corporate welfare to subsidize terrorism insurance for big companies. But I tried to overlook that development since there were a few modest reforms included with the...
by Dan Mitchell | Dec 31, 2014 | Big Government, Blogs, Economics, Government Spending, Health Care, Tax Competition, Taxation
Exactly one year ago, we looked at the best and worst policy developments of 2013. Now it’s time for a look back at 2014 to see what’s worth celebrating and what are reasons for despair. Here’s the good news for 2014. 1. Gridlock – I’ve been arguing for nearly...
