by Dan Mitchell | Dec 26, 2010 | Big Government, Blogs, Free Market, Taxation
The world is a laboratory and different nations are public policy experiments. Not surprisingly, the evidence from these experiments is that nations with more freedom tend to grow faster and enjoy more prosperity. Nations with big governments, by contrast, are more...
by Dan Mitchell | Dec 19, 2010 | Blogs, Economics
I don’t now why I bothered spending all that time perusing the writings of Paul Krugman and Larry Summers in order to produce my previous blog post when this Michael Ramirez cartoon makes the same point in a much simpler way.
by Dan Mitchell | Dec 19, 2010 | Big Government, Blogs, Economics, Welfare and Entitlements
The two main political parties are sniping at each other about the just-concluded tax deal, largely because Republicans are happy and Democrats are displeased that all of the 2001/2003 tax cuts are being extended for all taxpayers. Almost nobody is paying attention to...
by Dan Mitchell | Dec 3, 2010 | Big Government, Blogs, Economics, Government Spending
The Bureau of Labor Statistics announced this morning that the unemployment rate jumped to 9.8 percent last month. As you can see from the chart, the White House claimed that if we enacted the so-called stimulus, the unemployment rate today would be about 7 percent....
by Dan Mitchell | Oct 8, 2010 | Big Government, Blogs, Economics
The new unemployment data has been released and it’s not a pretty picture. Literally and figuratively. This image is all we need to know about the success of President Obama’s big-government policies. The lower line is from a White House report in early 2009 and it...
