by Dan Mitchell | Sep 7, 2024 | Blogs, Economics, Europe, Free Market
It’s an annual tradition (2023, 2022, 2021…all the way back to 2010) to write about the Heritage Foundation’s Index of Economic Freedom. Since most people care about relative rankings, I’ll start with a look at the 25 nations that have the most...
by Dan Mitchell | Aug 2, 2024 | Big Government, Blogs, Government Spending
In the pre-Trump era, I used to ask whether Republicans were fiscally responsible Reaganites or big-spending Bushies. In recent years, the question has become whether the GOP is a small-government Reagan party or a big-government Trump party....
by Dan Mitchell | Jul 9, 2024 | Big Government, Blogs, Taxation
Citing a report in the New York Times, I wrote two days ago about how excessive government spending is the real reason for economic and political turmoil in Sri Lanka and Bolivia. Kenya and Pakistan also were featured in the story, but I didn’t focus on...
by Dan Mitchell | Jun 23, 2024 | Big Government, Blogs, Government Spending
More than 13 years ago, when many European nations were rocked by fiscal crisis, I speculated about which nation would be the next to suffer a Greek-style meltdown. I focused my analysis on Japan, Italy, Greece, Belgium, Spain, and Portugal. And I...
by Dan Mitchell | Jun 21, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Earlier this week, the Congressional Budget Office issued a new 10-year fiscal forecast showing spending, revenues, and red ink between 2025 and 2034. As these examples show, almost all of the resulting headlines focused on deficits and...