by Dan Mitchell | Sep 12, 2010 | Big Government, Blogs
Like other forms of so-called stimulus spending, the money devoted to supposed ”green” energy programs has been a net drain on the economy. This is hardly a surprise, particular since the much-trumpeted Spanish experiment turned out to be a flop, destroying two jobs...
by Dan Mitchell | Sep 11, 2010 | Bailouts, Big Government, Blogs, Economics
Jonah Goldberg writes in National Review that President Obama is beginning to look like the next Herbert Hoover. This is rather ironic since the left wanted him to become the next Franklin Delano Roosevelt, ushering in a new era of politically-popular statism. …the...
by Dan Mitchell | Sep 10, 2010 | Big Government, Blogs
After being in 1st place in 2007 and 2008, America dropped behind Switzerland in the World Economic Forum’s Global Competitiveness Report in 2009. The 2010 ranking was just released, and the United States has tumbled two more spots to 4th place, behind Switzerland,...
by Dan Mitchell | Sep 10, 2010 | Blogs, Taxation
In the battle against higher taxes and wasteful spending, I’ve never thought that witches would be an ally, but Romanian politicians apparently voted down a proposed tax because they were afraid of being cursed. We curse politicians in America all the time, of course,...
by Dan Mitchell | Sep 8, 2010 | Blogs, Taxation
Here’s a clever video produced by the Winston Group, comparing the tax policies of two Democratic Presidents. Having previously highlighted Kennedy’s tax-cutting approach, it is painful for me to observe the class warfare approach of the Obama Administration. What’s...