by Dan Mitchell | Feb 26, 2023 | Big Government, Blogs, Government Spending
In this segment from a December interview, I explain that budget deficits are most likely to produce inflation in countries with untrustworthy governments.* The simple message is that budget deficits are not necessarily inflationary. It depends how budget deficits are...
by Dan Mitchell | Feb 16, 2023 | Big Government, Blogs, Government Spending
Every six months or so, the Congressional Budget Office produces a 10-year forecast and most fiscal experts focus on the projections for deficit and debt. Those are important (and worrisome) numbers, but I first look at the data...
by Dan Mitchell | Feb 5, 2023 | Big Government, Blogs, Government Spending
Regular readers know that I generally don’t get overly agitated about government debt (I get far more upset about counterproductive spending, regardless of how it is financed). But even I recognize that there is a point where debt becomes...
by Dan Mitchell | Jan 26, 2023 | Big Government, Blogs, Government Spending, Taxation
When leftists (or misguided rightists) tell me that Americans are under-taxed and that the government has lots of red ink because of insufficient revenue, I sometimes will direct them to the Office of Management and Budget’s Historical...
by Dan Mitchell | Jan 18, 2023 | Big Government, Blogs, Government Spending
Two days ago, I dug into the C-Span archives to share a 15-year old clip of me explaining the theoretical virtues of a national sales tax. Let’s now go back more than 30 years for this segment from a 1990 interview. So why am I sharing my thoughts on Washington’s use...
