by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
by Dan Mitchell | Feb 24, 2023 | Blogs, Economics, Free Market
I frequently call attention to the “anti-convergence club” because of the many real-world examples showing that nations with free markets and limited governments enjoy much better economic performance. Here are just a few case studies. North Korea vs...
by Dan Mitchell | Feb 23, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Some American politicians, such as Joe Biden and Donald Trump, are very much opposed to dealing with Social Security, even though the current system has a massive $56 trillion cash-flow deficit. For all intents and purposes, both the current...
by Dan Mitchell | Feb 22, 2023 | Big Government, Blogs
I don’t like Joe Biden’s economic policies, though that’s hardly a surprise since I haven’t liked the policies of any president this century (I’ve referred to Bush, Obama, and Trump as the “three stooges of big government“). Other people have a more...
by Dan Mitchell | Feb 21, 2023 | Blogs, States, Tax Competition, Taxation
It usually is not fun writing about public policy, given my libertarian sentiments. After all, politicians have a natural tendency to expand their powers and diminish our liberties. So where there is occasional good news, I like to relish the...