by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 8, 2023 | Big Government, Blogs, Government Spending, Taxation
The burden of federal spending today is too high, diverting resources from the productive sector of the economy and sapping America’s economic vitality. Unfortunately, today’s bad news about excessive government spending will become tomorrow’s...
by Robert O'Quinn | Sep 8, 2023 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] Federal Spending Primer, Part III: The Spending Problem is an Entitlement Problem By Robert P. O’Quinn* Part I of this series explained that there are different types of spending while Part II noted that the overall burden of federal spending...
by Robert O'Quinn | Sep 6, 2023 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] Federal Spending Primer, Part II: The Spending Burden By Robert P. O’Quinn* There are several ways to measure the burden of government spending and how that burden changes over time. The simplest way is to look at how much government is...
by Dan Mitchell | Aug 2, 2023 | Big Government, Blogs, Economics, Government Spending
I’m not a big fan of Moody’s, Fitch, and Standard & Poor’s. As I explained in this 2011 interview, these credit rating firms don’t provide much insight, at least with regards to assessing whether governments can be trusted to honor their...