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Five Lessons for America from the European Fiscal Crisis

Five Lessons for America from the European Fiscal Crisis

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...

The Greece-ification of America

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...
Tom Sowell: So Many Left-Wing Hoaxes to Debunk, So Little Time

Tom Sowell: So Many Left-Wing Hoaxes to Debunk, So Little Time

by Dan Mitchell | Oct 5, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

I recently posted an excellent video showing how the War on Poverty has been a disaster for both taxpayers and poor people. Let’s now look at a specific example of the income-redistribution racket. Professor Thomas Sowell has a superb column, which begins by noting...

Obama Administration Bribing States to Create More Food-Stamp Dependency

by Dan Mitchell | Sep 30, 2011 | Big Government, Blogs, Government Spending

Only the federal government could be this stupid. We have two very big problems in our nation. o First, we have a giant, bloated federal government that is spending too much money, putting us at serious risk of a Greek-style fiscal crisis at some point in the future....

A Real-Life Welfare Queen

by Dan Mitchell | Sep 28, 2011 | Big Government, Blogs, Welfare and Entitlements

During his 1976 campaign for the GOP presidential nomination, Ronald Reagan popularized the notion of “welfare queens” who bilked redistribution programs for thousands of dollars. It has since become non-PC to use such a term, but that’s never stopped me. Here’s a...
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