by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...
by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements
Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
by Dan Mitchell | May 13, 2025 | Big Government, Blogs, Welfare and Entitlements
Here are five grim – but uncontestable – facts about America’s dicey fiscal future. The federal government’s budget is very large today and is expected to get much larger in the future. Entitlement programs are the primary reason why federal spending is an...
by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation
I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
by Dan Mitchell | May 9, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
I’m currently in Finland for meetings with various people and I learned that the country’s bloated public sector and expensive welfare state are imposing a very heavy cost on the economy. How heavy of a cost? According to IMF data, there’s...
