by Dan Mitchell | Feb 24, 2025 | Big Government, Blogs, Government Spending
In 2016, I criticized the International Monetary Fund for that bureaucracy’s accurate but hypocritical attack on Trump’s protectionism. The IMF constantly endorses higher taxes on wages, saving, investment, and other forms of productive...
by Dan Mitchell | Jan 21, 2025 | Big Government, Blogs, Government Spending
The most important goal of fiscal policy should be a small burden of government, and I explain in this video that you achieve that goal by restraining the growth of spending. Small government is good for prosperity since it means politicians are not...
by Dan Mitchell | Jan 4, 2025 | Big Government, Blogs, Government Spending
Donald Trump played Santa Claus in his first term, with both tax cuts and big spending increases. Unsurprisingly, he wants to play Santa Claus in his second term as well. But he faces a couple of big challenges. First, as I wrote about two...
by Dan Mitchell | Jan 3, 2025 | Big Government, Blogs, Government Spending
The goal of fiscal policy should be limited government and that means complying with the Golden Rule of spending restraint. When countries control the disease of excessive spending, that also seems to be the only effective way of reducing...
by Dan Mitchell | Oct 21, 2024 | Blogs, Europe
In April of 2023, I wrote about the fact that there is more spending and more debt in the PIGS (Portugal, Italy, Greece, and Spain) compared to levels before the last European fiscal crisis. In December of 2023, I wrote about the growing burden of...
