by Dan Mitchell | Mar 14, 2012 | Big Government, Blogs, Economics
n previous posts, I’ve used data from the Minneapolis Federal Reserve Bank to show how Obamanomics is leading to very weak results, particularly compared to the economic boom triggered by Reaganomics. So you can imagine how I was anxious to participate when U.S. News...
by Dan Mitchell | Feb 26, 2012 | Blogs, Economic Growth
I’ve been a big critic of Obama’s policies on taxes, spending, regulation, and intervention, so you won’t be surprised that I argued on CNBC that his policies have made the economy worse. Here are two graphs, which I posted earlier this month, that make my point. The...
by Dan Mitchell | Jan 22, 2012 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve written a couple of times about the Food Stamp program, citing ridiculous examples of waste, fraud, and abuse. These include: Using food stamps to buy luxury coffee at Starbucks. Buying steaks and lobster with food stamps. The Obama Administration rewarding...
by Dan Mitchell | Nov 30, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending
In hopes of stopping investor panic about Europe’s fiscal crisis, the world’s major central banks just announced that they will do whatever is needed to ensure financial markets don’t freeze up. This could be an appropriate and relatively benign use of the...
by Dan Mitchell | Oct 17, 2011 | Bailouts, Blogs
After any news appearance, I torment myself by watching the clip and telling myself I should have said something differently or raised a different point. But I’m actually happy with this appearance on Fox Business News because I (hopefully) explained the difference...