by Dan Mitchell | Jun 17, 2012 | Big Government, Blogs, Europe, Government Spending
Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. I’ve also cited my Cato colleague Chris Edwards, who has made a more comprehensive (and...
by Dan Mitchell | May 8, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian
With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find this debate and discussion rather tedious and unrewarding, largely because it pits...
by Dan Mitchell | Apr 29, 2012 | Big Government, Blogs, Welfare and Entitlements
I’ve occasionally commented on foolish public policy in the United Kingdom, including analysis on how the welfare state destroys lives and turns people into despicable moochers. But if you really want to understand the horrifying absurdity of the welfare state, check...
by Dan Mitchell | Feb 18, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
Demonstrating that he’s probably not a fan of Mitchell’s Golden Rule, Paul Krugman recently asserted that fiscal austerity has failed in the United Kingdom. Citing Keynesian theory and weak economics numbers, he warned about “the austerity doctrine that has dominated...
by Dan Mitchell | Jan 2, 2012 | Big Government, Blogs, Regulations
In June of last year, I posted several examples of idiotic government policy from both the United States and United Kingdom and asked which nation had the dumbest bureaucrats and politicians. Since then, we have found new examples of brain-dead government and...
