by Dan Mitchell | Jun 19, 2012 | Big Government, Blogs, Government Spending, Taxation
To answer the question in the title, it means you need to read the fine print. This is because we have a president who thinks the government shouldn’t confiscate more than 20 percent of a company’s income, but he only gives that advice when he’s in Ghana. And the same...
by Dan Mitchell | Jun 17, 2012 | Big Government, Blogs, Europe, Government Spending
Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. I’ve also cited my Cato colleague Chris Edwards, who has made a more comprehensive (and...
by Dan Mitchell | Jun 16, 2012 | Big Government, Blogs, Government Spending, Government Waste
Every time some class-warfare Democrat or Charlie Brown Republican says we need higher taxes, I think of all the ways the government wastes money and I get angry because the political elite is ripping off the American people. Should we send more money to Washington...
by Dan Mitchell | Jun 15, 2012 | Bailouts, Big Government, Blogs, Europe, Government Spending
Spain’s received a bailout, Greece is having another election tomorrow, and the European political elite is pushing for more centralization. In other words, business as usual in the continent where voters think you can get nothing for nothing (this satirical cartoon...
by Dan Mitchell | Jun 13, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
It seems that any argument about the economy eventually boils down to the core issue of whether government spending acts as a stimulus or whether it is – in the words of Thomas Sowell – a sedative that undermines prosperity. So when Robert Reich and I went on Erin...
