by Dan Mitchell | Jul 3, 2013 | Big Government, Blogs, Government Spending
According to the Bank for International Settlements, the United States has a terrible long-run fiscal outlook. Assuming we don’t implement genuine entitlement reform, the only countries in worse shape are the United Kingdom and Japan. The Organization for Economic...
by Dan Mitchell | Jun 29, 2013 | Big Government, Blogs, Europe, Government Spending
The late, great Margaret Thatcher famously said that “Socialist governments…always run out of other people’s money” and “I love the smell of napalm in the morning” is an iconic line from Apocalypse Now. Thinking about the fiscal mess in Europe, I’m going to combine...
by Dan Mitchell | Jun 27, 2013 | Big Government, Blogs, Europe, Government Spending
I don’t write or speak about education very much, but, when asked, I explain that America has a very costly and inefficient government school monopoly. The strongest piece of evidence is an amazing chart put together by a Cato colleague. It shows that education...
by Dan Mitchell | Jun 23, 2013 | Big Government, Blogs, Government Spending
Why does virtually everything the government does cost more than we’re initially told? In 2009, for instance, I warned that Obamacare would be much more costly than advertised, so I certainly wasn’t surprised several years later when the numbers began to climb. Heck,...
by Dan Mitchell | Jun 20, 2013 | Big Government, Blogs, Government Spending, Taxation
What do you do if you’re part of a government bureaucracy that has been caught red-handed engaged in sleazy, corrupt, and (almost surely) illegal targeting of Americans for their political beliefs? But before you answer, keep in mind that your bureaucracy also has...
