by Dan Mitchell | Sep 16, 2013 | Blogs, Europe
As an advocate of small government, I’m often distressed that I sometimes have to rely on Republicans in Washington to fight statism. Why am I distressed? Because some of the worst people in Washington are GOPers. They may give lip service to fiscal responsibility...
by Dan Mitchell | Sep 9, 2013 | Big Government, Blogs, Economics, Taxation
Based on the dismal data from the Minneapolis Federal Reserve (as well as our own experiences), we know Obamanomics doesn’t work in the United States. But we also know bigger government doesn’t work in France. And we know it doesn’t work in Japan. We know it doesn’t...
by Dan Mitchell | Sep 5, 2013 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
I’m very worried about America’s fiscal future. Simply stated, data from several sources (BIS, OECD, and IMF) indicates that we face a future Greek-style fiscal crisis unless policy makers implement genuine entitlement reform. Unfortunately, politicians have little...
by Dan Mitchell | Sep 4, 2013 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
I recently speculated whether Detroit’s fiscal problems should be a warning sign for the crowd in Washington. The answer, of course, is yes, though it’s not a perfect analogy. The federal government is in deep trouble because of unsustainable entitlement programs...
by Dan Mitchell | Aug 27, 2013 | Blogs, Europe, Taxation
I’m not a big fan of the European Commission. For those not familiar with this entity, it’s sort of the European version of the executive-branch bureaucracy we have in Washington. And like their counterparts in Washington, the Brussels-based bureaucracy enjoys a very...