by Dan Mitchell | Jun 6, 2024 | Big Government, Blogs
What’s the biggest problem with California? Anti-growth class-warfare tax policy? A bloated and inefficient public sector? Excessive red tape and regulation? Boondoggles like the “Train to Nowhere“? An anti-business economic climate? Bad policies...
by Dan Mitchell | Jun 4, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
The main argument for smaller government – from an economic perspective – is that more resources are left in the productive sector of the economy and this leads to faster growth and higher living standards. This is a reason why the United...
by Dan Mitchell | May 4, 2024 | Big Government, Blogs
I favor “freedom conservatism” over “national conservatism” because the former is unambiguously based on liberty and the latter veers toward populism. Of course, it’s never easy to define populism. My shorthand definition is that a populist is someone who exploits...
by Dan Mitchell | May 2, 2024 | Big Government, Blogs, Economics
Just a few months ago, I wrote about Germany’s fiscal decay. Over the past eight years, government spending has grown much faster than the private sector, thus violating the Golden Rule of fiscal policy. Given the shift to bad policy in Germany, I...
by Dan Mitchell | Apr 23, 2024 | Big Government, Blogs, Government Spending, Taxation
There’s going to be a big tax fight in Washington next year, regardless of who wins the House, the Senate, and/or the presidency. That’s because major portions of Trump’s 2017 Tax Cuts and Jobs Act will expire on December 31, 2025. Will those tax cuts be...
