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An Invaluable Economic History Lesson from Thomas Sowell: Politicians Should Only “Do Something” If that Means Doing Less

An Invaluable Economic History Lesson from Thomas Sowell: Politicians Should Only “Do Something” If that Means Doing Less

by Dan Mitchell | Sep 12, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian

The great Ronald Reagan famously said (and I am paraphrasing, since I do not remember the exact phrase) that the most dangerous words in the English language were “I am from Washington and I am here to help you.” Those are very wise words, especially when we think of...

A Picture Says a Thousand Words: President Obama’s Dismal Failure on Jobs

by Dan Mitchell | Sep 8, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian

If it wasn’t for the fact that so many people are suffering and being seduced into empty lives of government dependency (symbolized by Julia, the world’s most disappointing daughter), I might feel sorry for President Obama. He promised unemployment would never climb...

Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP

by Dan Mitchell | Sep 7, 2012 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed. For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic,...

Another Dismal Assessment of Obamanomics: United States Drops to 7th in WEF’s Global Competitiveness Index

by Dan Mitchell | Sep 5, 2012 | Big Government, Blogs, Economics, Government Spending, Government Waste, Regulations

Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the...

Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

by Dan Mitchell | Aug 31, 2012 | Big Government, Blogs, Government Spending, Taxation

I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government,...
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