by Dan Mitchell | Apr 2, 2024 | Big Government, Blogs
One of the big problems with centralization is that taxes are imposed on people living in communities across the country. The money then goes to Washington, where some of it is spent on bureaucracy (including the shadow bureaucracy), and then...
by Dan Mitchell | Mar 31, 2024 | Big Government, Blogs
Governments are inherently inefficient and incompetent. But some of them are worse than others. Looking at states, places such as Illinois, California, and New Jersey seem to be the worst of the worst. But New York also...
by Dan Mitchell | Mar 30, 2024 | Big Government, Blogs, Government Waste
The burden of government is expanding because of Joe Biden’s three most-notable legislative “accomplishments.” The misnamed Inflation Reduction Act. Big subsidies for the high-tech sector. An infrastructure boondoggle scheme. Today, let’s focus on the third...
by Dan Mitchell | Mar 29, 2024 | Big Government, Blogs, Government Spending
Given what I recently wrote about America’s long-fun fiscal outlook, it is easy to understand why I expressed pessimism as part of a conversation with David McIntosh of the Club for Growth. The presidential candidates are a big reason for my dour outlook. Joe...
by Dan Mitchell | Mar 28, 2024 | Blogs, Economics, Taxation
The good news is that there is very little risk that President’s new budget – which is very similar to his previous budgets – will be approved by Congress. The bad news is that his budget is filled with terrible policy. Big expansions in the...
