by Dan Mitchell | Oct 25, 2024 | Big Government, Blogs, Economics
Other than noting that it is a form of collectivism, coercion, and interventionism, I have not paid much attention to fascism. Today, we’ll take a closer look at this statist ideology, and we’ll start with this video from Matt Kibbe. And since I’ll be...
by Dan Mitchell | Oct 24, 2024 | Big Government, Blogs
In Part I of this series about six months ago, I wrote that “I favor ‘freedom conservatism‘ over ‘national conservatism‘ because the former is unambiguously based on liberty and the latter veers toward populism.” And I defined a populist as “someone who exploits...
by Dan Mitchell | Oct 11, 2024 | Big Government, Blogs, Europe
There are three important things to understand about Western Europe. The burden of government is larger than it is in the United States. Lower-income and middle-class taxpayers finance that extra spending. Europe’s greater fiscal burden is associated with less...
by Dan Mitchell | Oct 8, 2024 | Big Government, Blogs, Government Spending
If you want to understand Washington’s fiscal profligacy, this chart based on OMB data shows what has happened to the federal budget over the past 15 years. There are two big things to understand. We had some very admirable spending restraint...
by Dan Mitchell | Oct 2, 2024 | Big Government, Blogs, Welfare and Entitlements
One of Margaret Thatcher’s famous observations was that socialist governments fail because they inevitably run out of other people’s money. If I’m in a pedantic mood, I will nit-pick that statement by pointing out that she should have...