by Dan Mitchell | Apr 24, 2016 | Big Government, Blogs, Economics, Government Spending
As a general rule, I’m not overly concerned about debt, even when looking at government red ink. I don’t like deficit and debt, to be sure, but government borrowing should be seen as the symptom. The real problem is excessive government spending. This is one of the...
by Dan Mitchell | Feb 27, 2016 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
With both Hillary Clinton and Bernie Sanders agitating for higher taxes (and with more than a few Republicans also favoring more revenue because they don’t want to do any heavy lifting to restrain a growing burden of government), it’s time to examine the real-world...
by Dan Mitchell | Aug 6, 2015 | Big Government, Blogs, Government Spending, Taxation
I have a very mixed view of the Committee for a Responsible Federal Budget, which is an organization representing self-styled deficit hawks in Washington. They do careful work and I always feel confident about citing their numbers. Yet I frequently get frustrated...
by Dan Mitchell | Aug 2, 2015 | Big Government, Blogs, Economics, Government Spending
I wrote last month that the debt burden in Greece doesn’t preclude economic recovery. After all, both the United States and (especially) the United Kingdom had enormous debt burdens after World War II, yet those record levels of red ink didn’t prevent growth. Climbing...
by Dan Mitchell | Jul 24, 2015 | Big Government, Blogs, Economics, Government Spending
The conventional wisdom, pushed by the IMF and others, is that Greece’s economy will never recover unless there is substantial debt relief. Translated into English, that means the Greek government should be allowed to break the contracts it made with the people and...
