by Dan Mitchell | Apr 20, 2024 | Big Government, Blogs, Welfare and Entitlements
To show that living standards are much higher in the United States than they are in Europe, I periodically share OECD data on average individual consumption (2012, 2014, 2017, 2019, and 2022). All of which implies that European...
by Dan Mitchell | Apr 12, 2024 | Big Government, Blogs, Economics, Free Market, Government Spending, Welfare and Entitlements
Since this is my last full day in Sweden, I want to build upon my previous two columns (on long-run tax policy and pandemic spending policy). We’ll start with this video explaining that Sweden is not socialist. Johan Norberg is correct. Sweden does not...
by Dan Mitchell | Mar 31, 2024 | Big Government, Blogs
Governments are inherently inefficient and incompetent. But some of them are worse than others. Looking at states, places such as Illinois, California, and New Jersey seem to be the worst of the worst. But New York also...
by Dan Mitchell | Mar 19, 2024 | Big Government, Blogs, Government Spending
I’ve often explained that the most important variable in fiscal policy is the the growth of government, More specifically, good fiscal policy occurs when the burden of government spending over time grows slower than the private sector. As you can see from this chart...
by Dan Mitchell | Mar 18, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
If I want to education someone about the harmful impact of America’s counterproductive welfare state, there are several items I like to share. A complex and crowded flowchart of various Washington programs to redistribute money. A chart...
