by Dan Mitchell | Jul 11, 2010 | Big Government, Blogs, Taxation
Much of the economic debate in Washington revolves around the silly Keynesian notion that politicians can stimulate an economy by borrowing money from the private sector and using the funds to make government bigger. That didn’t work for Hoover and Roosevelt during...
by Brian Garst | Jul 6, 2010 | Big Government, Blogs, Economic Growth, Taxation
The statists in Congress are enamored with Keynesian big government policies and profligate spending as a means of “stimulus.” But while they travel the country to tout so-called “stimulus success,” the public displays a far better...
by Dan Mitchell | Jul 2, 2010 | Big Government, Blogs, Welfare and Entitlements
Nancy Pelosi is being appropriately mocked for her strange assertion that subsidizing unemployment is a great way to “stimulate” the economy, but keep in mind that this she is just mindlessly regurgitating standard Keynesian theory. Here are two videos. The first is...
by Dan Mitchell | Jun 30, 2010 | Big Government, Blogs, Taxation
That’s the title of Richard Rahn’s new column in the Washington Times, which discusses the delusional Keynesian policy being advocated – in America and around the world – by the current administration. As Richard explains, the evidence is overwhelming that government...
by Dan Mitchell | Jun 29, 2010 | Big Government, Blogs, Taxation
President Bush was a big spender, but President Obama is taking profligacy to the next level. In his first year in office, Obama pushed through a pork-filled “stimulus” that was supposed to increase jobs and prosperity (at least according to the discredited Keynesian...
