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...
by Dan Mitchell | Feb 10, 2014 | Big Government, Blogs, Economics, Government Spending
Over the years, I’ve shared many charts, graphs, and tables to help people understand that the welfare state is fundamentally unsustainable. And, assuming there’s not genuine entitlement reform, many of these fiscal estimates show that the United States has a very...
by Dan Mitchell | Feb 6, 2014 | Big Government, Blogs, Government Spending, Health Care
A just-released report from the bean counters at the Congressional Budget Office is getting lots of attention because the bureaucrats are now admitting that Obamacare will impose much more damage to the economy than they previously predicted. Of course, many people...
by Dan Mitchell | Feb 1, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
Early last year, with the sequester about to begin, President Obama stated that “these cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the unemployment rolls.” He made this statement...
by Dan Mitchell | Jan 30, 2014 | Big Government, Blogs, Government Spending, Taxation
Self awareness is supposed to be a good thing, so I’m going to openly acknowledge that I have an unusual fixation on the size of government. I don’t lose a wink of sleep thinking about deficits, but I toss and turn all night fretting about the overall burden of...