by Dan Mitchell | Aug 27, 2012 | Big Government, Blogs, Government Spending, Health Care, Welfare and Entitlements
I’m never guilty of being an optimist, but two items caught my attention today that suggest the tide may be turning on entitlement reform. We’ll start with something from the New York Times. Regular readers know that I’ve criticized that paper on a few occasions....
by Dan Mitchell | Aug 23, 2012 | Big Government, Blogs, Government Spending, Taxation
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I...
by Dan Mitchell | Aug 21, 2012 | Big Government, Blogs, Government Spending, Government Waste
I agree with George Will that it’s okay to reduce Pentagon spending. After all, the United States accounts for almost one-half of the world’s military outlays, about twice as much as the combined total of possible enemies. But I also agree that national defense is one...
by Dan Mitchell | Aug 20, 2012 | Big Government, Blogs, Europe
Back in 2010, I posted a fascinating map from the Economist website, showing debt burdens (as a share of GDP) for nations around the world. This data showed lots of red ink, with Western Europe generally being more indebted than the United States. In 2011, I posted...
by Dan Mitchell | Aug 19, 2012 | Big Government, Blogs, Government Spending
I’ve certainly complained about Obamacare from a fiscal perspective, warning that it means higher taxes and more spending. And I’ve also warned that it will make our health care system less efficient and could lead to some of the horrifying examples of rationing and...