by Dan Mitchell | Mar 29, 2019 | Big Government, Blogs, Government Spending
Let’s look at an article that combines two things – wasteful spending and Washington dishonesty – that I don’t like and which was published in The Hill. The Senate Budget Committee on Thursday approved a GOP-backed budget resolution that would allow for draconian...
by Dan Mitchell | Mar 22, 2019 | Big Government, Blogs, Government Spending
In the absence of genuine entitlement reform, the United States at some point is going to suffer from a debt crisis. But red ink is merely a symptom. I used numbers from Greece in this interview to underscore the fact that the real problem is government spending. The...
by Dan Mitchell | Mar 19, 2019 | Big Government, Blogs
I relentlessly mock socialism, in part because it’s such a target-rich environment. But I’m also hoping that humor is a way of debunking this wretched ideology. I’m worried, after all, that socialism may triumph thanks to a combination of “public choice” and...
by Dan Mitchell | Mar 14, 2019 | Big Government, Blogs, Tax Competition, Taxation
I wrote a couple of weeks ago about how New York is committing slow-motion fiscal suicide. The politicians in Illinois must have noticed because they now want (another “hold my beer” moment?) to accelerate the already-happening collapse of their state. The new...
by Dan Mitchell | Mar 11, 2019 | Big Government, Blogs, Economics
Socialism is a joke. It doesn’t work. And it is so often a gateway to totalitarianism. But that doesn’t mean it won’t happen. In this interview, I express my concern that the United States has passed a tipping point. In the discussion, I included my usual caveat...