by Dan Mitchell | May 28, 2011 | Big Government, Blogs, Government Spending, Taxation
It’s not often that I am unenthusiastic about the possibility of a nation reducing its corporate tax rate. But when the country is doing the right thing for the wrong reason, I hope that feelings of ambivalence are understandable. In this case, some Irish politicians...
by CF&P | Feb 22, 2011 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Tuesday, February 22, 2011 202-285-0244 www.freedomandprosperity.org CF&P Video Uses International Examples to Show that Limiting the Growth of Government Spending Is the Best Fiscal Policy...
by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending
America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...
by Dan Mitchell | Jan 11, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Thanks to decades of reckless spending by European welfare states, the newspapers are filled with headlines about debt, default, contagion, and bankruptcy. We know that Greece and Ireland already have received direct bailouts, and other European welfare states are...
by Dan Mitchell | Jan 5, 2011 | Bailouts, Big Government, Blogs, Government Spending, Monetary Policy
The news is going from bad to worse for Ireland. The Irish Independent is reporting that the Swiss Central Bank no longer will accept Irish government bonds as collateral. The story also notes that one of the world’s largest bond firms, PIMCO, is no longer purchasing...