by Dan Mitchell | Aug 14, 2012 | Blogs, Taxation
I don’t give the issue much attention on this blog, but I’m very interested in Social Security reform. I wrote my dissertation on Australia’s very successful system of personal retirement accounts, for instance, and I narrated this video on Social Security reform in...
by Dan Mitchell | Aug 13, 2012 | Big Government, Blogs, Government Spending, Government Waste
The burden of federal spending in the United States was down to 18.2 percent of gross domestic product when Bill Clinton left office. But this progress didn’t last long. Thanks to George Bush’s reckless spending policies, the federal budget grew about twice as fast as...
by Dan Mitchell | Aug 8, 2012 | Blogs, Uncategorized
In what will almost surely be the nastiest campaign ad of the political season, a pro-Obama super PAC basically accuses Mitt Romney and Bain Capital of causing a woman’s death. Viewers are supposed to hold Romney responsible because the woman’s husband lost his job,...
by Dan Mitchell | Aug 6, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
I almost feel sorry for the ideologues and partisan hacks who feel obliged to defends Obama’s miserable economic performance. Keynesian spending policies and class-warfare tax policies have produced dismal economic performance, with unemployment stuck above 8 percent...
by Dan Mitchell | Aug 3, 2012 | Blogs, Economic Growth, Economics, Keynesian
Can we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in exchange except for anemic growth and lots of people out of work. Indeed, we’re getting to the point where the...
