by Dan Mitchell | Jul 18, 2011 | Big Government, Blogs, Government Spending, Health Care
The Beacon Hill Institute in Massachusetts has just released a very good – but very depressing study. The research finds that costs have jumped under Romneycare, but that’s not surprising. After all, politicians always underestimate the cost of new entitlements. The...
by Dan Mitchell | Jul 17, 2011 | Big Government, Blogs, Government Spending, Taxation
Appearing on Freedom Watch, I explain that the White House is very flexible. The President will be happy if GOPers cut their own wrists and agree to a tax increase. That means Obama can tax and spend. But he’ll also be satisfied if Republicans approve a “clean debt...
by Dan Mitchell | Jul 16, 2011 | Big Government, Blogs, Government Spending, Taxation
Republicans say (and do) lots of stupid things, but the current fiscal debate has me focused on two specific statements. Both get me very agitated. Indeed, I’m so irritated that all Republican politicians should be fitted with shock collars and then zapped when they...
by Dan Mitchell | Jul 15, 2011 | Big Government, Blogs, Government Spending, Taxation
At his press conference today, President Obama repeatedly said that a “balanced approach” is needed to deal with the fiscal situation. The White House has obviously poll-tested and focus-grouped that phrase. But just because it’s gimmicky, that doesn’t mean balance is...
by Dan Mitchell | Jul 15, 2011 | Big Government, Blogs, Welfare and Entitlements
In my speeches, especially when talking about the fiscal crisis in Europe (or the future fiscal crisis in America), I often warn that the welfare state reaches a point-of-no-return when the number of people riding in the wagon begins to outnumber the number of people...
