by Dan Mitchell | Oct 20, 2021 | Blogs, Europe
Let’s look today at one of main arguments for Biden’s tax-and-spend agenda. A column in the New York Times, authored by Spencer Bokat-Lindell, suggests that the United States needs to increase government spending on child care to “shrink the gap”...
by Dan Mitchell | Oct 12, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements
I freely admit that I don’t like President Biden’s fiscal agenda in part because of my libertarianism. Simply stated, I’m instinctively skeptical when someone wants to expand government. But I’m also an economist who believes in cost-benefit...
by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Aug 26, 2021 | Big Government, Blogs, Economics
I periodically warn that the United States is on a path to become a European-style welfare state. That sounds good to some people since it implies lots of goodies paid for by other people. So I always explain that there’s a downside. The economic...
by Dan Mitchell | May 19, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements
The United States has a big economic advantage over Europe in part because the burden of welfare spending is lower. This means fewer people trapped in government dependency in America. And it means a smaller tax burden in America....