by Dan Mitchell | Oct 11, 2011 | Bailouts, Big Government, Blogs, Government Spending
I’m not an expert on addiction, but it’s probably safe to assume that one would never treat an alcoholic by giving him more booze. Or treat an addict by giving him more drugs. So you won’t be surprised to learn that I’m opposed to bailouts. I’m against bailing out...
by Dan Mitchell | Oct 10, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
The budget fights this year began with the “shutdown” battle, followed by the Ryan budget and then the debt limit. These fights have mostly led to uninspiring kiss-your-sister outcomes, which is hardly surprising given divided government. Now the crowd in DC is...
by Dan Mitchell | Oct 9, 2011 | Big Government, Blogs, Economics, Government Spending
The folks at U.S. News & World Report have posted an online debate on the never-ending topic: “Does Stimulus Spending Work?“ You know my thoughts on the topic, including my thumbs-down to Obama’s latest stimulus scheme, so it won’t surprise you to know that I...
by Dan Mitchell | Oct 6, 2011 | Big Government, Blogs, Government Spending
As part of his latest “stimulus” scam, President Obama argues that the federal government should spend more money on infrastructure. Yet there is widespread evidence that politicians use such projects to squander money – often in exchange for contributions from...
by Dan Mitchell | Oct 6, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve posted several times about the dangers of creating too much government dependency, including a set of cartoons that illustrates how small welfare states inevitably erode social capital and create big welfare states. So you will understand that I am utterly...
