by Dan Mitchell | Jul 24, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
That seems like a joke question, but it’s an apparently serious belief of Bruce Bartlett, a former supply-sider and Bush Administration official who has flipped sides and joined the left. I’ve known Bruce for decades and he’s a fun guy to hang out with, but he’s gone...
by Dan Mitchell | Jul 22, 2011 | Big Government, Blogs, Taxation
There are rumors that Obama may do a bit Clinton-era triangulation and agree to a GOP-friendly increase in the debt limit. That means no tax increases and as much as $3 trillion of so-called spending cuts. I’m skeptical, and even if it happens, I suspect that most of...
by Dan Mitchell | Jul 19, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
The on-again, off-again “Gang of Six” has come back on the scene and is offering a “Bipartisan Plan to Reduce Our Nation’s Deficits.” The proposal is quite similar to the one put forth by the President’s Simpson-Bowles Commission, which isn’t too surprising since some...
by Dan Mitchell | Jul 17, 2011 | Big Government, Blogs, Government Spending, Taxation
Appearing on Freedom Watch, I explain that the White House is very flexible. The President will be happy if GOPers cut their own wrists and agree to a tax increase. That means Obama can tax and spend. But he’ll also be satisfied if Republicans approve a “clean debt...
by Dan Mitchell | Jul 15, 2011 | Big Government, Blogs, Government Spending, Taxation
At his press conference today, President Obama repeatedly said that a “balanced approach” is needed to deal with the fiscal situation. The White House has obviously poll-tested and focus-grouped that phrase. But just because it’s gimmicky, that doesn’t mean balance is...
