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So Long as He Gets What He Wants, Obama Is Flexible in the Budget Negotiations

by Dan Mitchell | Jul 17, 2011 | Big Government, Blogs, Government Spending, Taxation

Appearing on Freedom Watch, I explain that the White House is very flexible. The President will be happy if GOPers cut their own wrists and agree to a tax increase. That means Obama can tax and spend. But he’ll also be satisfied if Republicans approve a “clean debt...

How to “Cut” Spending and Make Government Bigger at the Same Time

by Dan Mitchell | Jul 13, 2011 | Big Government, Blogs, Government Spending

One of the first things I learned when coming to Washington is that there is pervasive institutional dishonesty. A classic example is the way politicians have rigged the system so a “spending cut” takes place if the budget grows by, say, 6 percent instead of 8...

Perpetual Bailouts for the Fiscal Black Holes of Fannie Mae and Freddie Mac?

by Dan Mitchell | Jul 5, 2011 | Big Government, Blogs

Here’s a recent interview with Neil Cavuto about bailouts for Fannie Mae, one of the government-created entities used by Barney Frank, et al, to subsidize housing (and line the pockets of well-connected political insiders). My main concern is not the bailouts, which...

Arguing about Class-Warfare Taxation with Robert Reich

by Dan Mitchell | Jun 23, 2011 | Blogs, Economics, Laffer Curve, Taxation

I was on Larry Kudlow’s CNBC show recently, where I debated against Robert Reich. I made (what I hope are) good points about the Laffer Curve and the big-government policies of both Bush and Obama. The bad news, as least from a personal perspective, is that the last...

The Economy Will Suffer if Republicans Sell Out on Taxes

by Dan Mitchell | Jun 17, 2011 | Big Government, Blogs, Taxation

News reports indicate that the left is putting enormous pressure on Republicans to sell out as part of the “Biden Group” negotiations between Congress and the Vice President. I explained the other day why the left is so anxious to get GOPers to surrender on the tax...
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