by Dan Mitchell | Apr 21, 2013 | Big Government, Blogs, Economics
I’m not a very exciting guy. It’s Saturday afternoon and I’m perusing the Budget and Economic Outlook from the Congressional Budget Office. But sometimes it pays to be a nerd because I just found an interesting tidbit of information. Here’s what CBO says about the...
by Dan Mitchell | Apr 10, 2013 | Blogs, Economics, Keynesian
When the monthly job numbers are released, most people focus on the unemployment rate. On many occasions, I’ve cited that number, usually to point out that the unemployment rate is far higher than the Obama Administration promised it would be if the so-called stimulus...
by Dan Mitchell | Apr 6, 2013 | Big Government, Blogs, Government Spending, Taxation
Are we about to see a new kinder-and-gentler Obama? Has the tax-and-spend President of the past four years been replaced by a fiscal moderate? That’s certainly the spin we’re getting from the White House about the President’s new budget. Let’s look at this theme,...
by Dan Mitchell | Apr 4, 2013 | Blogs, Economics
One of the great things about federalism, above and beyond the fact that it both constrains the power of governments and is faithful to the Constitution, is that is turns every state into an experiment. We can learn what works best (though the President seems...
by Dan Mitchell | Apr 3, 2013 | Big Government, Blogs
Let’s assume you didn’t understand how a garbage disposal worked and, for whatever reason, you decided to stick your arm in one and turn it on. You would do some serious injury to your hand. The rest of us would wonder what motivated you to stick your arm down the...
