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For Both Policy Reasons and Political Reasons, the Fiscal Cliff is Better Than Surrender

by Dan Mitchell | Dec 10, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

It’s never a good idea to display weakness during negotiations. Your opponent will sense your fear and up his demands. That’s certainly what we’re seeing in Washington. The cartoon at this link captures the GOP’s wobbly attitude on taxes, and this interview is about...

Exposing Washington’s Dishonest Budget Math

by Dan Mitchell | Dec 5, 2012 | Big Government, Blogs, Government Spending

I’ve repeatedly tried to expose pervasive fiscal dishonesty in Washington. In these John Stossel and Judge Napolitano interviews, for instance, I explain that the crooks in DC have created a system that allows them to claim they’re cutting the budget when the burden...
Obama’s Fiscal Plan: Real Tax Hikes and Fake Spending Cuts

Obama’s Fiscal Plan: Real Tax Hikes and Fake Spending Cuts

by Dan Mitchell | Dec 1, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

If done well, an image can say a thousand words. The Heritage Foundation shows us what Obama has in mind when he talks about a “balanced” plan. This chart, while horrifying and visually powerful, actually understates the case against Obama. The President is not...

Why Are Republicans Willing to Help Obama Make America More Like Europe When the Welfare State Is Collapsing?

by Dan Mitchell | Nov 30, 2012 | Big Government, Blogs, Europe, Government Spending, Taxation

Washington frustrates me. The entire town is based on legalized corruption as an unworthy elite figure out new ways of accumulating unearned wealth by skimming money from the nation’s producers. But one thing that especially irks me is the way people focus on the...

Europe’s Slow-Motion Fiscal Suicide

by Dan Mitchell | Nov 22, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

I shared an astounding chart last month showing that tax increases account for 90 percent of the so-called “austerity” in Europe. The author of the chart, Veronique de Rugy of the Mercatus Center, calls this “private sector austerity” and she correctly argues that her...
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