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Fiscal Rules Focused on Debt Don’t Necessarily Produce Good Outcomes

Fiscal Rules Focused on Debt Don’t Necessarily Produce Good Outcomes

by Dan Mitchell | Oct 11, 2025 | Big Government, Blogs, Government Spending, Taxation

Given my concern about the negative effects of excessive government spending, as well as my concerns about the consequences of ever-growing government (higher taxes, higher debt, inflation), I’m always very interested to learn about the...
The 2025 Version of Which Country Will Be the First Debt Domino?

The 2025 Version of Which Country Will Be the First Debt Domino?

by Dan Mitchell | Sep 18, 2025 | Big Government, Blogs, Europe

Back in 2011, I speculated about which nation would be the next debt domino. I even wondered if it might be the United States. Now I look at the chart I shared and think those were “the good ol’ days.” Why? Because all of those nations today (other than Ireland)...
Spain’s Risky Fiscal Status

Spain’s Risky Fiscal Status

by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending

When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
Five Options for the Future of Social Security

Five Options for the Future of Social Security

by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements

Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
Milei Slashes Argentina’s Debt Burden

Milei Slashes Argentina’s Debt Burden

by Dan Mitchell | Jul 27, 2025 | Big Government, Blogs, Government Spending

The main goal of fiscal policy should be to shrink the burden of government spending, not to balance the budget or lower debt. However, those two goals are not in conflict if policy makers pursue good policy. The evidence is overwhelming that...
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