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New Job Numbers Are a Mixed Bag for the Economy, but Bad News for Obama

New Job Numbers Are a Mixed Bag for the Economy, but Bad News for Obama

by Dan Mitchell | May 6, 2011 | Big Government, Blogs, Economics, Government Spending

The Labor Department released its latest job numbers today and they remind me of Clint Eastwood’s 1966 classic, “The Good, the Bad, and the Ugly.” The good news is that the economy created 244,000 new jobs, the biggest gain in almost one year. And the jobs were in the...

A Semi-Unfair Look at What Happens When Policymakers Listen to Paul Krugman

by Dan Mitchell | Apr 24, 2011 | Big Government, Blogs, Economics, Government Spending

I periodically get emails and phone calls from people wanting me to respond to particular statements from politicians, columnists, and other high-profile figures. Not surprisingly, Paul Krugman occasionally is the subject of these communications, particularly with...

Obama’s State-of-the-Union Speech: Maybe New Rhetoric, Definitely Old Ideas

by Dan Mitchell | Jan 25, 2011 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

I’m disappointed, but not surprised, to read in the Washington Post that President Obama has decided against any changes to restrain Social Security spending. He’ll still probably subject us to pious and insincere rhetoric about fighting red ink in tonight’s...
Republican Sellout Watch

Republican Sellout Watch

by Dan Mitchell | Jan 7, 2011 | Big Government, Blogs, Government Spending, Health Care, Taxation

Grousing about the GOP’s timidity in the battle against big government will probably become an ongoing theme over the next few months, and  let’s start with two items that don’t bode well for fiscal discipline. First, it appears that Republicans didn’t really mean it...

Assuming We Can Stop Obama from Giving another Federal Bailout, the Gravy Train May Have Ended for State and Local Bureaucrats

by Dan Mitchell | Jan 2, 2011 | Big Government, Blogs

This blog repeatedly has chronicled the huge discrepancy between the gold-plated compensation for government employees and the meager salaries and benefits of people in the productive sector of the economy, including a video conclusively demonstrating that bureaucrats...
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