Labour’s More-of-the-Same Fiscal Agenda

by Dan Mitchell | Jul 8, 2024 | Big Government, Blogs, Taxation

At the end of last week, I wrote about the Conservative Party’s crushing defeat in the United Kingdom. In that column, I cited the Wall Street Journal, which groused that the Tories didn’t deliver better economic policy. Indeed,...

United Kingdom Election Analysis: The Electoral Disaster Created by the Conservative Party’s Statism

by Dan Mitchell | Jul 5, 2024 | Big Government, Blogs

I want Reaganism/Thatcherism mostly because I support good policy, but I also think small-government conservatism is good politics (my 4th Theorem). Especially compared to big-government conservatism, which suffered a landslide loss yesterday...

What’s the Real Reason for Kenya’s Deadly Tax Riots

by Dan Mitchell | Jun 27, 2024 | Big Government, Blogs, Government Spending, Taxation

I wrote earlier this year about Kenya’s fiscal policy and I made two points. Kenya is in trouble because the burden of government spending has exploded over the past twenty-plus years. Tax increases in Kenya are backfiring because people are changing their...

The OECD’s Tax-and-Spend Agenda for the United States

by Dan Mitchell | Jun 26, 2024 | Big Government, Blogs, Taxation

The Organization for Economic Cooperation and Development is a Paris-based international bureaucracy that originally was created to engage in benign activities such as gathering statistics about member nations. It still does some of that, but it also has...

New CBO Data Confirms America’s Fiscal Problem Is Excessive Spending

by Dan Mitchell | Jun 21, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Earlier this week, the Congressional Budget Office issued a new 10-year fiscal forecast showing spending, revenues, and red ink between 2025 and 2034. As these examples show, almost all of the resulting headlines focused on deficits and...