by Dan Mitchell | Jul 12, 2016 | Big Government, Blogs, Economics, Government Spending, Taxation
The Congressional Budget Office has just released the 2016 version of its Long-Term Budget Outlook. It’s filled with all sorts of interesting data if you’re a budget wonk (and a bit of sloppy analysis if you’re an economist). If you’re a normal person and don’t want...
by Dan Mitchell | Jul 11, 2016 | Big Government, Blogs
It would be impossible to pick the most hare-brained government policy. We haveall sorts of bizarre examples from the United States. And we have equally “impressive” examples from other nations. And today, we’re going to augment our collection of bone-headed policies...
by Dan Mitchell | Jul 10, 2016 | Big Government, Blogs
I don’t mind being polemical on occasion, but I generally don’t accuse my opponents of being “socialists.” American leftists generally focus on redistribution and regulatory intervention andsocialism technically means that the government directly owns, operates, and...
by Dan Mitchell | Jul 9, 2016 | Blogs, Tax Competition, Taxation
While Switzerland is one of the world’s most market-oriented nations, ranked #4 by Economic Freedom of the World, it’s not libertarian Nirvana. Government spending, for instance, consumes about one-third of economic output. That may be the second-lowest level among...
by Dan Mitchell | Jul 8, 2016 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’m like a broken record when it comes to entitlement spending. I’ve explained, ad nauseam, that programs such as Medicare, Medicaid, Obamacare, and Social Security must be reformed. In part, genuine entitlement reform is a good idea because you get better economic...
