by Dan Mitchell | Apr 2, 2012 | Bailouts, Big Government, Blogs, Government Spending, Taxation
I wrote last year about a backlash from long-suffering Greek taxpayers. These people – the ones pulling the wagon rather than riding in the wagon – are being raped and pillaged by a political class that is trying to protect the greedy interest groups that benefit from...
by Dan Mitchell | Mar 29, 2012 | Big Government, Blogs, Economics, Government Spending, Regulations, Taxation
Last year, I shared a very amusing Michael Ramirez cartoon showing Obama as the European lemming. Now, Mark Helprin takes a much more serious look at the same issue in the Wall Street Journal, commenting on the wisdom (or lack thereof) of Obama’s interest in the...
by Dan Mitchell | Mar 28, 2012 | Big Government, Blogs, Government Spending
A couple of weeks ago, I offered some guarded praise for Paul Ryan’s budget, pointing out that it satisfies the most important requirement of fiscal policy by restraining spending – to an average of 3.1 percent per year over the next 10 years – so that government...
by Dan Mitchell | Mar 22, 2012 | Big Government, Blogs, Government Spending
The Chairman of the House Budget Committee has produced a new budget plan which contrasts very favorably with the tax-heavy, big-spending proposal submitted by the President last month. Perhaps most important, Congressman Ryan’s plan restrains spending growth,...
by Dan Mitchell | Mar 12, 2012 | Big Government, Blogs, Economics, Flat Tax, Government Spending, Taxation
Last year, while lounging on the beach in the Caribbean…oops, I mean while doing off-site research, I developed the first iteration of a rule to describe how fiscal policy should operate. Good fiscal policy exists when the private sector grows faster than the public...
