by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 26, 2023 | Blogs, Economics
There was a lot of bad policy during the pandemic, with the health bureaucracies (the CDC and FDA) being especially incompetent. But we also got lots of policy mistakes from elected officials, including trillions of dollars of fraud-riddled...
by Dan Mitchell | Sep 25, 2023 | Blogs, Education
Earlier this year, Governor Roy Cooper of North Carolina declared a “state of emergency” as part of his fight against school choice. What’s remarkable is that he engaged in that rhetorical excess even though he sent at least one of his kids to a private...
by Dan Mitchell | Sep 24, 2023 | Blogs, Monetary Policy
I gave a speech last year in Sweden to explain that inflation was caused by central banks such as the Federal Reserve, European Central Bank, and Bank of England. Today, let’s add the Bank of Canada to the list. Here’s a look at its...
by Dan Mitchell | Sep 23, 2023 | Big Government, Blogs, Welfare and Entitlements
Many nations face a slow-motion fiscal crisis because of demographics. To be more specific, politicians last century created welfare states and social-insurance systems that take money from workers in order to provide pensions and health care to old...
