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America’s Horrific Long-Run Fiscal Forecast

America’s Horrific Long-Run Fiscal Forecast

by Dan Mitchell | Jul 29, 2022 | Big Government, Blogs, Government Spending, Taxation

The Congressional Budget Office has released its new long-run fiscal forecast. Like I did last year (and the year before, and the year before, etc), let’s look at some very worrisome data. We’ll start with projections over the next three...
Everything You Need to Know about Federal Handouts for State and Local Governments

Everything You Need to Know about Federal Handouts for State and Local Governments

by Dan Mitchell | Jul 28, 2022 | Blogs, States

Ideally, the federal government should be limited to the functions specified by the Founders in Article 1, Section 8, of the Constitution. If we are to have any hope of getting back to that system, it may require two practical steps. If Washington is...

Evidence for Lower Corporate Tax Rates, Part III

by Dan Mitchell | Jul 27, 2022 | Blogs, Economics, Taxation

To begin Part III of this series (here’s Part I and Part II), let’s dig into the archives for this video I narrated back in 2007. At the risk of patting myself on the back, all of the points hold up very well. Indeed, the past 15 years have produced more evidence that...
In One Chart, Everything You Need to Know about China

In One Chart, Everything You Need to Know about China

by Dan Mitchell | Jul 26, 2022 | Big Government, Blogs

I’m obviously exaggerating when I write an “everything you need to know” column. But I use that kind of title when sharing a story that highlights some sort of fundamental truth. And one of my long-standing observations is that China’s economy is not...
A Flunking Grade for the Department of Education

A Flunking Grade for the Department of Education

by Dan Mitchell | Jul 25, 2022 | Big Government, Blogs, Education

Whether I’m debating the quality of government schools or the funding of government schools, I routinely share this chart from the late Andrew Coulson. There are two obvious takeaways from this data. Taxpayers have been shelling out...
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