by Dan Mitchell | Mar 4, 2024 | Big Government, Blogs, Government Spending
I narrated a six-minute video in 2009 to explain why America’s fiscal problem is spending rather than red ink. Here’s the same message in just 51 seconds. If 51 seconds is too much, here’s a visual I created using the latest long-run forecast from the...
by Dan Mitchell | Dec 7, 2023 | Big Government, Blogs, Europe, Government Spending
Back in April, I warned that European governments were spending too much, sewing the seeds of another fiscal crisis (aided and abetted by the European Commission). Let’s expand on that issue today, focusing specifically on the eurozone (the European nations that use...
by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending
The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
by Dan Mitchell | Oct 20, 2023 | Big Government, Blogs, Government Spending
Washington has a spending addiction. And it’s bipartisan. To understand the magnitude of the problem, let’s look at how fast taxes and spending have increased this century compared to population plus inflation. There are two obvious takeaways from this data....
by Dan Mitchell | Oct 13, 2023 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps in Switzerland and Colorado, I’m always on the lookout for research and analysis about fiscal rules. For instance, there are pro-spending-cap studies from left-leaning bureaucracies such as the...
