by Dan Mitchell | Aug 26, 2011 | Big Government, Blogs
I’ve commented on the failure of Obamanomics, with special focus on how both banks and corporations are sitting on money because the investment climate is so grim. Not exactly flattering to the White House. Using Minneapolis Federal Reserve data, I’ve compared the...
by Dan Mitchell | Aug 24, 2011 | Big Government, Blogs, Economics, Government Spending
ust last week, I made fun of Paul Krugman after he publicly said that a fake threat from invading aliens would be good for the economy since the earth would waste a bunch of money on pointless defense outlays. Yesterday, there were rumors that Krugman stated that it...
by Dan Mitchell | Aug 22, 2011 | Big Government, Blogs
Congressman Eric Cantor, the House Majority Leader, has a rather persuasive column in the Washington Post about the negative impact of President Obama’s big-government agenda. … the Obama administration’s anti-business, hyper-regulatory, pro-tax agenda has fueled...
by Dan Mitchell | Aug 8, 2011 | Big Government, Blogs, Economics, Government Spending
President Obama just spoke about the downgrade and his remarks were very disappointing. He uttered some empty platitudes, offered no plan, (amazingly) called for more government spending, and continued his advocacy of class-warfare taxation. So what does this mean?...
by Dan Mitchell | Aug 7, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
It was a strange experience to read the comments and emails generated by yesterday’s post on the “Obama downgrade.” Democrats and liberals were upset that I blamed Obama for the downgrade, as you might expect. Republicans and conservatives, however, were agitated that...