by Dan Mitchell | Feb 24, 2014 | Big Government, Blogs, Economics, Government Spending
There’s an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do everything possible to explain that you can promote added prosperity by reducing the burden of government spending. Simply...
by Dan Mitchell | Feb 21, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
Did you sing Happy Birthday? The nation just “celebrated” the fifth anniversary of the signing of the so-called American Recovery and Reinvestment Act, more commonly referred to as the “stimulus.” This experiment in Keynesian economics was controversial when it was...
by Dan Mitchell | Feb 19, 2014 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
When I give speeches around the country, I often get asked whether it’s time to give up. More specifically, has America reached a tipping point, with too many people riding in the wagon of government dependency and too few people creating wealth and pulling the wagon...
by Dan Mitchell | Feb 13, 2014 | Blogs, Economics
I feel a bit like Goldilocks. No, this is not a confession about cross-dressing or being transsexual. I’m the boring kind of libertarian. Instead, I have a run-of-the-mill analogy. Think about when you were a kid and your parents told you the story of Goldilocks and...
by Dan Mitchell | Feb 11, 2014 | Big Government, Blogs, Government Spending
The Bible says that “the wages of sin is death,” but the same can’t be said of Washington, DC. The bureaucrats, lobbyists, politicians, contractors, insiders, cronyists, and influence peddlers have rigged the system so that they get rich by diverting money from people...
