by Dan Mitchell | Dec 29, 2022 | Big Government, Blogs, Government Spending
I don’t worry much about budget deficits. Simply stated, it is far more important to focus on the overall burden of government spending. To be sure, it is not a good idea to have too much debt-financed spending. But it’s also not a good idea...
by Dan Mitchell | Nov 6, 2022 | Big Government, Blogs, Government Spending
I don’t spend much time worrying about why the United States has a big budget deficit. I’m much more concerned about the fact that the federal government is too big and that it is spending too much. Moreover, there’s plenty of...
by Dan Mitchell | Oct 29, 2022 | Big Government, Blogs, Europe, Government Spending
As part of “European Fiscal Policy Week,” I’ve complained about bad Italian fiscal policy, bad Europe-wide fiscal policy, bad British fiscal policy, and also the unhelpful role of the European Union. But I want to end the week on an...
by Dan Mitchell | Oct 25, 2022 | Big Government, Blogs, Europe, Government Spending
I wrote yesterday to speculate about a possible fiscal crisis in Italy. Today, here are my thoughts on why there should not be a bailout if/when a crisis occurs. I have moral objections to bailouts, but let’s focus in this column on the practical impact. And let’s...
by Dan Mitchell | Oct 24, 2022 | Blogs, Europe
I’m in Europe to give a couple of speeches about fiscal policy, so I’m going to spend all week commenting on the continent’s (mostly miserable) fiscal policy. Let’s start with comments about Italy, the nation most likely to suffer a crisis. Normally, I tell...
