by Dan Mitchell | Dec 8, 2023 | Big Government, Blogs, Government Spending
For decades (literally), I’ve maintained that make-believe budget cuts are the biggest form of budgetary dishonesty in Washington. But this John Stossel video discusses another scam politicians use to squander more money. So-called emergency spending is not a trivial...
by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending
The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
by Dan Mitchell | Nov 26, 2023 | Big Government, Blogs
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War...
by Dan Mitchell | Nov 25, 2023 | Blogs, Economics
Bidenomics is unpopular for the simple reason that prices have been rising faster than incomes have been rising. And when people are sinking – or even if they are treading water – that is a recipe for dissatisfaction. Yet people like Paul...
by Dan Mitchell | Nov 24, 2023 | Big Government, Blogs, Europe
Last month, I shared data on per-capita welfare spending in American states. The big takeaway was that states such as New York and California were spending more tan twice as much as states such as Texas and Florida. And I concluded...