by Sven R. Larson | Oct 29, 2018 | Big Government, Blogs, Government Spending
We certainly have reasons to celebrate the success of the U.S. economy in 2018. In September, the unemployment rate was at the lowest it has been since 1969, and GDP growth is bound for its highest annual rate in more than ten years. These are times when government...
by Dan Mitchell | Oct 11, 2012 | Big Government, Blogs, Government Spending, Taxation
President Obama supports higher taxes, but he usually claims he only wants higher tax rates on evil rich people as part of his class-warfare agenda. Heck, he promised back in 2008 that, “no family making less than $250,000 a year will see any form of tax increase. Not...
by Dan Mitchell | Aug 23, 2012 | Big Government, Blogs, Government Spending, Taxation
Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I...
by Dan Mitchell | Mar 28, 2012 | Big Government, Blogs, Government Spending
A couple of weeks ago, I offered some guarded praise for Paul Ryan’s budget, pointing out that it satisfies the most important requirement of fiscal policy by restraining spending – to an average of 3.1 percent per year over the next 10 years – so that government...
by Dan Mitchell | Jan 31, 2012 | Big Government, Blogs, Government Spending, Taxation
Back in 2010, I crunched the numbers from the Congressional Budget Office and reported that the budget could be balanced in just 10 years if politicians exercised a modicum of fiscal discipline and limited annual spending increases to about 2 percent yearly. When CBO...
