by Dan Mitchell | Apr 14, 2023 | Big Government, Blogs, Welfare and Entitlements
The big fiscal fight in Washington is whether the United States should become a European-style welfare state. In part, this is automatically happening because of demographic change and poorly designed entitlement programs. But there’s...
by Dan Mitchell | Apr 4, 2023 | Big Government, Blogs, Europe
Why did many European nations, most notably Greece, suffer fiscal crises about a dozen years ago? Because the burden of government spending, which already was excessive, increased even further. And with taxes already very onerous in...
by Dan Mitchell | Mar 26, 2023 | Blogs, Economics, Europe
The United States has a medium-sized welfare state and nations in Western Europe have large-sized welfare states. Which approach is better (or, to be more accurate, less worse)? To answer that question, you want to compare living standards. And...
by Dan Mitchell | Mar 22, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
Leftists should be nice to rich people people because those entrepreneurs, investors, and business owners are the ones financing the federal government. However, there are too few rich people to finance a European-sized welfare state. The above video is...
by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
