by Dan Mitchell | Oct 8, 2021 | Big Government, Blogs, Government Spending
Having been in Washington for close to 40 years, I’ve seen lots of budget dishonesty, but nothing compares to Joe Biden’s claim that his profligate budget proposals have zero cost. According to the official numbers, that’s a $3.5 trillion lie....
by Dan Mitchell | Oct 3, 2021 | Big Government, Blogs, Free Market
Economists of all types agree with “convergence theory,” which is the notion that poor countries should grow faster than rich countries. Though they are usually wise enough to also say “ceteris parisbus,” which means the theory applies if other variables are...
by Dan Mitchell | Oct 1, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
When asked to list the worst presidents of the 20th century, Woodrow Wilson, Franklin Roosevelt, and Richard Nixon belong on the list. But this Reason video with Amity Shlaes shows why Lyndon Johnson also is among the worst of the worst. You should...
by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
