by Dan Mitchell | Apr 7, 2020 | Big Government, Blogs, Economics, Government Spending
As explained in this short video, a spending cap limits how fast a government’s budget can grow each year. That’s a very sensible approach, sort of like having a speed limit in a school zone, and even left-leaning international bureaucracies have concluded it’s the...
by Dan Mitchell | Apr 6, 2020 | Big Government, Blogs, Economics, Free Market
The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially...
by Dan Mitchell | Apr 4, 2020 | Blogs, Health Care
Near the beginning of the croronavirus crisis, I observed that “government-run health systems have not done a good job” of dealing with the pandemic. And I’ve repeatedly noted the failure of government bureaucracies to respond effectively in the United States. Is...
by Dan Mitchell | Apr 3, 2020 | Blogs, Economics
Starting with a column about government-subsidized debt and ending yesterday with a column about why government shouldn’t own airlines, I’ve written about coronavirus-related issues for 14 straight days. And since that’s the topic now dominating the national...
by Dan Mitchell | Apr 2, 2020 | Bailouts, Blogs
Most economic downturns are caused by misguided government policy, which leads to predictable battles over how to address the fallout as well as battles over how to avoid the same mistakes in the future. Today’s crisis is different. It’s more akin to a natural...
