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Another Tax-Hike Scheme from another “Bipartisan” Group of Washington Insiders

by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Government Spending, Taxation, VAT

I’ve already commented on the proposal from the Chairmen of President Obama’s Fiscal Commission (including a very clever cartoon, if it’s okay to pat myself on the back). Now we have a similar proposal from the so-called Debt Reduction Task Force. Chaired by former...

Obama’s Proposed Payroll Tax Increase Is a Growing Threat

by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Economics, Taxation

Back during the presidential campaign, Barack Obama proposed several tax increases. Some of those tax hikes, such as the proposed higher income tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers, have received a lot of public...

Savage New York Post Column on How Obama Economic Policy Is Causing Global Concern

by Dan Mitchell | Nov 15, 2010 | Big Government, Blogs, Government Spending, Monetary Policy

I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of easy money and deficit spending. I note that other nations often are guilty of the same mistakes, but that’s...

The $27 Light Bulb and other Examples of “Stimulus” Waste and Fraud

by Dan Mitchell | Nov 13, 2010 | Big Government, Blogs, Economics, Government Spending, Government Waste

When politicians and bureaucrats spend our money, they rarely demonstrate any concern about waste and fraud. Why be conscientious, after all, if you’re spending other people’s money – especially if your real goal is to buy votes and get campaign contributions by...

Will the Federal Reserve’s Easy-Money Policy Turn the United States into a Global Laughingstock?

by Dan Mitchell | Nov 10, 2010 | Big Government, Blogs

One of my first blog posts (and the first one to get any attention) highlighted the amusing/embarrassing irony of having Chinese students laugh at Treasury Secretary Geithner when he claimed the United States had a strong-dollar policy. I suspect that even Tim...
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