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...
by Dan Mitchell | Mar 11, 2024 | Big Government, Blogs, Economics, Government Spending
I’ve been complaining for decades about excessive and wasteful government spending. I’ve also been grousing for just as long about counterproductive, class-warfare tax policy. Thanks to profligacy in Washington, we’re stumbling...
by Dan Mitchell | Feb 29, 2024 | Big Government, Blogs, Bureaucracy, Government Spending
Today I’m going to share some good news. A needless government bureaucracy was officially abolished last year. Sadly, it was not the Department of Education Sadly, it was not the Department of Transportation Sadly, it was not the Department of...
by Dan Mitchell | Feb 23, 2024 | Big Government, Blogs, Economic Growth
In various ways (hourly wages, total compensation, household income, earnings growth), I’ve pointed out that falling living standards have been the biggest downside of Biden’s economic policies. Simply stated, inflation has been rising faster than...
