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...
by Dan Mitchell | Jul 2, 2025 | Big Government, Blogs, Government Spending
At the risk of stating the obvious, the so-called “One Big Beautiful Bill Act.” is grotesquely disappointing. This chart from the Committee for a Responsible Federal Budget tells you everything you need to know. We have a federal budget that is far too...
by Dan Mitchell | Jun 19, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
The Social Security Administration has released the yearly forecast of the program’s long-run finances. Per tradition (see 2024, 2023, 2022, 2021, 2020, etc), that means it is time for my annual explanation of why we have a grim...
by Dan Mitchell | Jun 13, 2025 | Big Government, Blogs, Government Spending
France is a role model, but not in a good way. It is a stark example of the dangers of excessive government spending. To elaborate, it has the largest fiscal burden of any first-world nation, which necessitates an oppressive tax regime....
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...
