by Dan Mitchell | Nov 17, 2011 | Bailouts, Big Government, Blogs, Economics, Europe, Government Spending, Taxation, VAT
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But this new video from the Center for Freedom and Prosperity, narrated by an Italian...
by Dan Mitchell | Nov 16, 2011 | Big Government, Blogs, Welfare and Entitlements
Appearances can be deceiving. I saw an article with a blaring headline that warmed my heart: “France’s Sarkozy Eyes Welfare Rethink, Fraud Clampdown.” Could it be, I thought, that the political elite finally realized that the welfare state was the wrong model? Had...
by Dan Mitchell | Nov 8, 2011 | Big Government, Blogs, Welfare and Entitlements
I’ve previously posted about the communist government of Cuba cutting taxes and the CEO of Coca-Cola saying that communist China has a more business-friendly climate than the United States. Having grown up during the Cold War, I still have a hard time believing my...
by Dan Mitchell | Nov 4, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Politicians in Europe have spent decades creating a fiscal crisis by violating Mitchell’s Golden Rule and letting the government grow faster than the private sector. As a result, government is far too big today, and nations such as Greece are in the process of fiscal...
by Dan Mitchell | Oct 6, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve posted several times about the dangers of creating too much government dependency, including a set of cartoons that illustrates how small welfare states inevitably erode social capital and create big welfare states. So you will understand that I am utterly...
