by Dan Mitchell | Mar 24, 2025 | Big Government, Blogs, States
In Part XIII of my series comparing Texas and California (previous seven editions can be found here, here, here, here, here, here, and here), I shared data showing that the burden of state spending was growing much faster...
by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation
California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
by Dan Mitchell | Jun 6, 2024 | Big Government, Blogs
What’s the biggest problem with California? Anti-growth class-warfare tax policy? A bloated and inefficient public sector? Excessive red tape and regulation? Boondoggles like the “Train to Nowhere“? An anti-business economic climate? Bad policies...
by Dan Mitchell | Mar 19, 2024 | Big Government, Blogs, Government Spending
I’ve often explained that the most important variable in fiscal policy is the the growth of government, More specifically, good fiscal policy occurs when the burden of government spending over time grows slower than the private sector. As you can see from this chart...
by Dan Mitchell | Mar 14, 2024 | Blogs
California voters made a terrible mistake back in 2008 when they narrowly approved a referendum for a $33 billion high-speed train between San Francisco and Los Angeles. Opponents said the project was a boondoggle and they made several predictions. It will...
