by Dan Mitchell | May 17, 2025 | Big Government, Blogs, Economics, Government Spending
Whenever anyone starts griping about government debt, I tell them they’re right. But I also tell that debt is just a symptom and that the real problem is an ever-growing burden of government spending. Moreover, I warn them that fixating on red ink...
by Dan Mitchell | Apr 23, 2025 | Big Government, Blogs, Government Spending
In the past seven months, I’ve used my 20th Theorem of Government to analyze three countries (France, Brazil, Colombia) and two states (Maryland, Washington). All of those case studies were examples of “fiscal deterioration,” which occurs when politicians...
by Dan Mitchell | Mar 28, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
by Dan Mitchell | Mar 4, 2025 | Big Government, Blogs, Government Spending
It is clear that Donald Trump’s worst policy is protectionism, but his silliest policy is more difficult to identify. Today, let’s consider two possible choices: Have the federal government borrow more money to create a “sovereign wealth fund.” Have the federal...
by Dan Mitchell | Mar 2, 2025 | Big Government, Blogs, Welfare and Entitlements
When I write about Social Security, my main goal is to point out how Americans would be much richer if the United States had personal retirement accounts based on real savings (like workers in Australia, Chile, Switzerland, Hong...
