by Dan Mitchell | Apr 24, 2016 | Big Government, Blogs, Economics, Government Spending
As a general rule, I’m not overly concerned about debt, even when looking at government red ink. I don’t like deficit and debt, to be sure, but government borrowing should be seen as the symptom. The real problem is excessive government spending. This is one of the...
by Dan Mitchell | Aug 7, 2015 | Blogs, Economics
Is the third time the charm, at least for bailouts? First, we had the TARP bailout in the United States, and that turned out to be a corrupt mess. Second, we had the Greek bailout, which has squandered hundreds of billions of euros to prop up a welfare state. Now we...
by Dan Mitchell | Jul 14, 2015 | Bailouts, Big Government, Blogs, Europe, Government Spending
I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout. But how many times can I write that the Greek government spends too much money and has a punitive tax system...
by Dan Mitchell | Jun 27, 2015 | Bailouts, Big Government, Blogs, Economics, Regulations
When debating and discussing the 2008 financial crisis, there are two big questions. And the answers to these questions are important because the wrong “narrative” could lead to decades of bad policy (much as a mistaken narrative about the Great Depression enabled bad...
by Dan Mitchell | Feb 18, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
There’s a big fiscal battle happening in Europe. The relatively new Greek government is demanding continued handouts from the rest of Europe, but it wants to renege on at least some of the country’s prior commitments to improve economic performance by reducing the...
