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Spain’s Risky Fiscal Status

Spain’s Risky Fiscal Status

by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending

When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
A Debt Crisis for France?

A Debt Crisis for France?

by Dan Mitchell | Sep 2, 2025 | Big Government, Blogs, Economics, Government Spending

I’ve been explaining for years that economists are lousy forecasters. But we are capable of noticing trends, including trends that will lead of bad outcomes if not reversed. For instance, my recent series on “France and Fiscal Suicide” points...
Oppressive European Tax Burdens

Oppressive European Tax Burdens

by Dan Mitchell | Aug 19, 2025 | Big Government, Blogs, Europe, Taxation

I’ve written before how ordinary workers are basically tax slaves in Europe. Today, let’s look at new evidence about the absurd extent of taxation in Europe. Here’s a chart shared by Michael Arouet, showing how much it costs a...
Bolivia: Another Failure for Big Government and Socialism

Bolivia: Another Failure for Big Government and Socialism

by Dan Mitchell | Aug 17, 2025 | Big Government, Blogs, Economics, Socialism

Last July, I wrote about how excessive spending was causing economic instability in Bolivia. One month later, I looked at overall public policy and explained that a bloated budget was just one of many problems. Simply stated, Bolivia suffers from...
More Fiscal Insanity from Chicago

More Fiscal Insanity from Chicago

by Dan Mitchell | Aug 4, 2025 | Big Government, Blogs, Taxation

What’s America’s worst city? According to some recent research, it’s Oakland. And a few years before, another expert picked Riverside-San Bernardino-Ontario in California. But what if we look at major cities? Possible contestants include San...
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