by Dan Mitchell | Jan 3, 2025 | Big Government, Blogs, Government Spending
The goal of fiscal policy should be limited government and that means complying with the Golden Rule of spending restraint. When countries control the disease of excessive spending, that also seems to be the only effective way of reducing...
by Dan Mitchell | Jan 2, 2025 | Big Government, Blogs, Government Spending
Many people mistakenly think that America’s main fiscal problem is annual budget deficits that are now approaching $2 trillion. It is not good to have so much red ink, to be sure, but the real problem is that the federal government is spending...
by Dan Mitchell | Jan 1, 2025 | Blogs, Education, Europe
As usual (2024, 2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the good things that hopefully will happen this year....
by Dan Mitchell | Dec 31, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
Sticking with tradition (2023, 2022, 2021, 2020, 2019, etc), it’s time for my annual column summarizing the best and worst things that happened during the year. Let’s start with the good developments. And it should be obvious what will be my first...
by Dan Mitchell | Dec 30, 2024 | Blogs
I’ve graded the economic policy of every recent president, as well as three very bad presidents from the first half of the 20th century. Woodrow Wilson Herbert Hoover Franklin Roosevelt Richard Nixon Ronald Reagan George H.W. Bush Bill Clinton George W. Bush Barack...
