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Measuring the Federal Government’s Spending Problem

by Dan Mitchell | Apr 28, 2012 | Big Government, Blogs, Government Spending, Taxation

I’ve complained endlessly that America’s fiscal problem is too much spending, and that deficits and debt are best understood as symptoms of that underlying disease. So I’m obviously a big fan of this new video from the folks at Learn Liberty. I like how they use...
New Congressional Budget Office Numbers Once Again Show that Modest Spending Restraint Would Eliminate Red Ink

New Congressional Budget Office Numbers Once Again Show that Modest Spending Restraint Would Eliminate Red Ink

by Dan Mitchell | Jan 31, 2012 | Big Government, Blogs, Government Spending, Taxation

Back in 2010, I crunched the numbers from the Congressional Budget Office and reported that the budget could be balanced in just 10 years if politicians exercised a modicum of fiscal discipline and limited annual spending increases to about 2 percent yearly. When CBO...

Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation

I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...

Economics Reporter from New York Times Has Accidental Encounter with Reality, Learns Nothing

by Dan Mitchell | Dec 15, 2011 | Big Government, Blogs, Government Spending

Earlier this year, I wrote about how the person Obama put in charge of Medicare made some very interesting observations about prices, competition, and markets, but then drew exactly the wrong conclusion about what was needed to solve the third-party payer problem in...

European Central Bank Research Shows that Government Spending Undermines Economic Performance

by Dan Mitchell | Dec 11, 2011 | Big Government, Blogs, Economics, Europe, Government Spending

Europe is in the midst of a fiscal crisis caused by too much government spending, yet many of the continent’s politicians want the European Central Bank to purchase the dodgy debt of reckless welfare states such as Spain, Italy, Greece, and Portugal in order to prop...
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