by Dan Mitchell | Mar 16, 2024 | Big Government, Blogs, Government Spending
Last year, the Committee for a Responsible Federal Budget (CRFB) released an online budget game called “Fix the National Debt.” I would have preferred a game called “Reduce the Size of the Federal Government,” since that would have put the focus on the real...
by Dan Mitchell | Mar 15, 2024 | Big Government, Blogs, Regulations
I have a three-part series on why price controls are misguided (here, here, and here). In this clip from a recent appearance on Vance Ginn’s Let People Prosper, I look at the specific example of price controls on late fees. While I think my points are sound, I confess...
by Dan Mitchell | Mar 14, 2024 | Blogs
California voters made a terrible mistake back in 2008 when they narrowly approved a referendum for a $33 billion high-speed train between San Francisco and Los Angeles. Opponents said the project was a boondoggle and they made several predictions. It will...
by Dan Mitchell | Mar 13, 2024 | Blogs, Taxation
Three years ago, I debunked a very sloppy report about tax policy. The authors, David Hope and Julian Limberg, wanted readers to believe that lower marginal tax rates did not improve economic performance. But there were major methodological flaws...
by Dan Mitchell | Mar 12, 2024 | Big Government, Blogs, Government Spending, Taxation
I wrote yesterday to announce my new book on America’s fiscal crisis. Today, let’s look at how Joe Biden’s new budget will make that bad problem even worse. I’m going to start with two charts. The first one shows that government spending in recent years has...
