by Dan Mitchell | Aug 30, 2010 | Big Government, Blogs, Government Spending, Taxation
According to news coverage, United Kingdom Prime Minister Cameron is imposing deep and savage budget cuts. I was interviewed by the BBC recently, for instance, and asked whether 25 percent spending reductions were too harsh. And here’s an excerpt from a New York Times...
by Dan Mitchell | Aug 24, 2010 | Big Government, Blogs, Government Spending, Government Waste
I think Viagra subsidies for sex offenders are an absurd example of government stupidity in America. I’m also amazed that European taxpayers are forced to pay for penile implants for bureaucrats at the European Commission. But I’m almost speechless to learn that...
by Dan Mitchell | Aug 23, 2010 | Big Government, Blogs
If misery loves company, we can be very happy with these two stories about over-compensated bureaucrats from outside our borders. The first comes from Europe, where the Daily Telegraph reports that pension costs are skyrocketing for bureaucrats with the European...
by Dan Mitchell | Aug 5, 2010 | Big Government, Blogs
I may have to rethink my pessimistic assessment of David Cameron. As I’ve noted before, he strikes me as a George-Bush-style big-government faux conservative. But according to this Washington Post article, the coalition government in the UK may impose some real budget...
by Dan Mitchell | Jun 23, 2010 | Big Government, Blogs, Capital Gains, VAT
As the chart below indicates, the United Kingdom has a large budget deficit solely because government spending has increased to record levels (OECD data). Unfortunately, the new Tory-Liberal coalition government has decided that taxpayers should be punished for all...
