Their difference on spending lead to dramatically different outcomes when looking at the symptom of government debt.
Daily Analysis
The United States vs. Europe, Part V
Should the United States be copying the economic policy of nations that have much lower living standards?
A State Suicide Pact, Part III
Taxes based on envy, hate, and resentment are spreading.
Fiscal Policy and School Choice
Why school choice is smart fiscal policy
Part III: Will California Commit Economic Suicide?
This policy would be an utter failure if approved by voters.
Trade Deficit Illiteracy, Part III
The data shows that trade deficits have no negative relationship with wealth.
Part VI: Yes, Taxes Change Behavior
Are greedy politicians in New York about to make a critical mistake?
Blame Washington for the Great Depression, Part III
Most everything Roosevelt did was wrong.
State Tax Divergence
Something remarkable has been happening with state tax policy.
Republican Socialism
Trump’s socialism is setting a terrible precedent.