by Dan Mitchell | Feb 10, 2011 | Big Government, Blogs, Government Spending, Taxation
Proponents of higher taxes are fond of claiming that Bill Clinton’s 1993 tax increase was a big success because of budget surpluses that began in 1998. That’s certainly a plausible hypothesis, and I’m already on record arguing that Clinton’s economic record was much...
by Dan Mitchell | Feb 8, 2011 | Big Government, Blogs, Government Spending, Government Waste
Since I’ve spent the past 25 years analyzing government, I’m used to spectacular levels of waste and incompetence. Examples of pork such as “$27 light bulbs” and the “turtle tunnel” barely cause me to raise an eyebrow. It takes something really amazing to grab my...
by Dan Mitchell | Feb 7, 2011 | Big Government, Blogs, Government Spending
A new video from the Center for Freedom and Prosperity gives four reasons why big government is bad fiscal policy. I particularly like the explanation of how government spending undermines growth by diverting labor and capital from the productive sector of the...
by Dan Mitchell | Feb 2, 2011 | Big Government, Blogs, Government Spending, Taxation
Ronald Reagan would have been 100 years old on February 6, so let’s celebrate his life by comparing the success of his pro-market policies with the failure of Barack Obama’s policies (which are basically a continuation of George W. Bush’s policies, so this is not a...
by Dan Mitchell | Jan 28, 2011 | Big Government, Blogs, Constitution, Government Spending, Government Waste
Very few things that happen in Washington are legitimate functions of the federal government. I’ve already posted about the need to dismantle the Department of Transportation and send it back to the states, but some things shouldn’t even be handled by state and local...
