by Dan Mitchell | Oct 8, 2023 | Big Government, Blogs, Government Spending, States
Late last year, I praised lawmakers in Georgia and North Carolina for being fiscally responsible. The burden of government spending in those states was constrained between 2020 and 2022, even though that was a period when handouts from Washington were...
by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
by Dan Mitchell | Oct 6, 2023 | Blogs, Economics, Trade
I’m opposed to globalism (because global governance means bigger government), but I’m in favor of globalization (because free trade makes us richer). So I largely approve of this video from the Economist. This video is basically an...
by Dan Mitchell | Oct 5, 2023 | Big Government, Blogs, States
In our series on red states vs blue states, we’ve examined different economic variables. Part I: Economic growthPart II: Unemployment ratesPart III: Employment growth Today, let’s add another comparison. Here’s a map looking at 2022 income growth by...
by Dan Mitchell | Oct 4, 2023 | Big Government, Blogs
I am not bullish about China’s economy. Even 10 or more years ago, when many people thought China was going to be the economic superpower of the 21st century, I poured cold water on those predictions. Simply stated, China suffers from too...
