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“Capitalism without Bankruptcy Is Like Religion without Hell”

by Dan Mitchell | Oct 17, 2011 | Bailouts, Blogs

After any news appearance, I torment myself by watching the clip and telling myself I should have said something differently or raised a different point. But I’m actually happy with this appearance on Fox Business News because I (hopefully) explained the difference...

The Greece-ification of America

by Dan Mitchell | Oct 6, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

I’ve posted several times about the dangers of creating too much government dependency, including a set of cartoons that illustrates how small welfare states inevitably erode social capital and create big welfare states. So you will understand that I am utterly...
Tom Sowell: So Many Left-Wing Hoaxes to Debunk, So Little Time

Tom Sowell: So Many Left-Wing Hoaxes to Debunk, So Little Time

by Dan Mitchell | Oct 5, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

I recently posted an excellent video showing how the War on Poverty has been a disaster for both taxpayers and poor people. Let’s now look at a specific example of the income-redistribution racket. Professor Thomas Sowell has a superb column, which begins by noting...

A Powerful Moral Argument to Get Government Out of the Housing Business

by Dan Mitchell | Sep 29, 2011 | Big Government, Blogs

I’ve previously explained that the federal government should have no role in housing and that the Department of Housing and Urban Development should be abolished. If I haven’t convinced you, then you should watch this powerful video from the folks at Reason TV. What...

Mirror, Mirror, On the Wall, Which State Has the Biggest Welfare Benefits of All?

by Dan Mitchell | Sep 16, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

The Center for Budget and Policy Priorities is a left-wing group in Washington that advocates for bigger government and higher taxes. In an effort to promote more redistribution, they recently put together a map showing how welfare benefits varied by state. We’re...
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