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Just in Case You Need One More Reason Why the Department of Housing and Urban Development Should Be Abolished…

by Dan Mitchell | Jul 30, 2011 | Big Government, Blogs, Government Spending, Government Waste

While I’ve been somewhat critical of Senator Coburn’s willingness to raise taxes, I’ve never doubted that he is a sincere and tireless fighter for smaller government. Indeed, his staff periodically share examples of government waste that boggle the mind, though I...

Basic Economics for Financial Journalists and Other Dummies

by Dan Mitchell | Jul 30, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

While driving home last night, I had the miserable experience of listening to a financial journalist being interviewed about the anemic growth numbers that were just released. I wasn’t unhappy because the interview was biased to the left. From what I could tell, both...

Needless Budget Drama in Congress, Time Machines, and some Debt Limit Humor

by Dan Mitchell | Jul 29, 2011 | Big Government, Blogs, Government Spending

In the spirit of the budget battle, readers have to eat their peas (i.e., endure my analysis) before getting to the dessert menu of jokes from the late-night comics. The big news today is that Speaker Boehner had to cancel a vote on his “Budget Control Act” last...

Does the Boehner Plan Include a Tax Increase Trap?

by Dan Mitchell | Jul 28, 2011 | Big Government, Blogs, Government Spending, Taxation

In an ideal world, GOPers would hold firm and not pass any debt limit until Democrats agreed to enact something like the Ryan plan/Cut-Cap-Balance. But I’ve never thought that was a realistic strategy. When we got to the drop-dead point, Obama would have Geithner or...
You Should Support a Value-Added Tax…if You Want Bigger Government and More Debt

You Should Support a Value-Added Tax…if You Want Bigger Government and More Debt

by Dan Mitchell | Jul 26, 2011 | Blogs, Government Spending, Taxation, VAT

I testified before the House Ways & Means Committee earlier today. As always, my trip inside the belly of the beast was an interesting adventure. The tax-writing committee was holding a hearing on the value-added tax. I was on a panel with five other witnesses,...
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