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The Looming Trump/GOP Tax Hike

The Looming Trump/GOP Tax Hike

by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements

Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
Decentralize the Welfare State

Decentralize the Welfare State

by Dan Mitchell | May 21, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Excessive government spending is America’s top fiscal problem. To be more specific, poorly designed entitlement programs are leading to an ever-growing spending burden that ultimately will either lead to massive tax increases or a debt crisis. To...
The 2025 Version of America’s Dismal Fiscal Future

The 2025 Version of America’s Dismal Fiscal Future

by Dan Mitchell | Mar 28, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
Removing a Subsidy Is Not an Attack

Removing a Subsidy Is Not an Attack

by Dan Mitchell | Mar 18, 2025 | Big Government, Blogs, Welfare and Entitlements

Government is far too big today and it will become an even bigger burden in the future because of demographic changes and poorly designed entitlements. There’s no way to fix this problem without a major effort to shrink the redistributive...
Demographic Change and Fiscal Crisis, Part IV

Demographic Change and Fiscal Crisis, Part IV

by Dan Mitchell | Feb 12, 2025 | Big Government, Blogs, Welfare and Entitlements

In earlier columns in this series (Part I, Part II, and Part III), I’ve shared very depressing data showing that many nations are almost certainly going to be crippled by fiscal crises. Simply stated, politicians in the United States...
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