by Dan Mitchell | Sep 30, 2021 | Big Government, Blogs, Regulations
Competent and honest people in the world of public policy understand that decisions have costs and benefits. Simply stated, there is no such thing as a free lunch, though politicians like to pretend otherwise (to cite an especially absurd example, the Biden...
by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Sep 28, 2021 | Big Government, Blogs, Government Spending
Last week, I wrote about a new study which estimates that Biden’s fiscal agenda of bigger government and higher taxes would reduce economic output by about $3 trillion over the next decade. Perhaps more relevant, that foregone economic...
by Dan Mitchell | Sep 27, 2021 | Blogs, Taxation
Biden wants lots of class-warfare tax increases to fund a big increase in the welfare state. That would be bad news for the economy, but his acolytes claim that voters favor the president’s approach. Maybe that’s true in the United...
by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements
A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
