by Dan Mitchell | Jul 15, 2011 | Big Government, Blogs, Welfare and Entitlements
In my speeches, especially when talking about the fiscal crisis in Europe (or the future fiscal crisis in America), I often warn that the welfare state reaches a point-of-no-return when the number of people riding in the wagon begins to outnumber the number of people...
by Dan Mitchell | Jul 1, 2011 | Bailouts, Blogs
In a recent post, I explained some of the reasons why Greece should not get another bailout. I cover some of the same points in this Bloomberg interview, but my favorite part is when I state that it’s time for the Greek people to realize “they can’t loot and mooch...
by Dan Mitchell | Jun 16, 2011 | Big Government, Blogs, Economic Growth
I’ve explained before that one of the most damning pieces of evidence against Obamanomics is that the economy is suffering from sub-par growth, something that is particularly damning since normally one expects to see faster-than-average growth following an economic...
by Dan Mitchell | Jun 5, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
I’ve beaten up on Newt Gingrich for his views on global warming and his attack on the Ryan budget plan, but I’m completely on his side in the faux controversy about whether it is racist to call Barack Obama the “food stamp president.” This story from ABC News should...
by Dan Mitchell | Feb 28, 2011 | Big Government, Blogs, Taxation, VAT
Sooner or later, there will be a giant battle in Washington over the value-added tax. The people who want bigger government (and the people who are willing to surrender to big government) understand that a new source of tax revenue is needed to turn the United States...
