by Dan Mitchell | Jul 11, 2021 | Big Government, Blogs, Government Spending
President Biden pushed through $1.9 trillion of new spending earlier this year, but that so-called stimulus plan was mostly for one-time giveaways. As I warn in this recent discussion on Denver’s KHOW, we should be much more worried about his proposals to permanently...
by Dan Mitchell | Jul 3, 2021 | Big Government, Blogs, Government Spending
I’m not optimist about America’s fiscal future. Thanks primarily to entitlement programs, the long-run outlook shows an ever-increasing burden of government spending. And rather than hit the brakes, Biden wants to step on the gas with new giveaways,...
by Dan Mitchell | Jun 19, 2021 | Big Government, Blogs, Economics, Government Spending
Back in 2009 and 2010, when I had less gray hair, I narrated a four-part series on the economic burden of government spending. Here’s Part II, which discusses the theoretical reasons why big government reduces prosperity. I provide eight examples to...
by Dan Mitchell | Jun 17, 2021 | Big Government, Blogs, States
California is a fascinating state for people who follow public policy. It has some immense advantages, such as climate, coastline, and natural resources. But it also has high taxes, absurd regulations, a bloated bureaucracy, and a costly...
by Dan Mitchell | Jun 15, 2021 | Big Government, Blogs, Government Spending
Politicians and bureaucrats are (self-interested) conduits for taking money from one group of people and giving it to another group of people. Milton Friedman famously explained that this is why they largely don’t care about how much money is spent or how...
