by Dan Mitchell | Feb 6, 2014 | Big Government, Blogs, Government Spending, Health Care
A just-released report from the bean counters at the Congressional Budget Office is getting lots of attention because the bureaucrats are now admitting that Obamacare will impose much more damage to the economy than they previously predicted. Of course, many people...
by Dan Mitchell | Oct 30, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian
Keynesian economics is the perpetual motion machine of the left. You build a model that assumes government spending is good for the economy and you assume that there are zero costs when the government diverts money from the private sector. With that type of model, you...
by Dan Mitchell | Jun 11, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian, Taxation
It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the same way when two of the world’s worst murderers, Hitler and Stalin, went to war in 1941. I have...
by Dan Mitchell | Jun 1, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other...
by Dan Mitchell | May 23, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian
I don’t like giving international bureaucrats tax-free salaries. And it really galls me when they use their privileged positions to promote statism. So you can understand why I’m not a big fan of the International Monetary Fund. Whether we’re talking more spending,...
