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What Lessons Can We Learn by Comparing U.S. and European Economic Performance?

What Lessons Can We Learn by Comparing U.S. and European Economic Performance?

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...
Biden’s Budget: Affordable Isn’t Sensible

Biden’s Budget: Affordable Isn’t Sensible

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...
What Lessons Can We Learn by Comparing U.S. and European Economic Performance?

The (Accelerated) Europeanization of America

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...
The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

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....
When “Catching Up” Means Lower Income

When “Catching Up” Means Lower Income

by Dan Mitchell | May 5, 2021 | Big Government, Blogs, Europe

My approach during the Trump years was very simple. If he did good things, I applauded.If he did bad things, I criticized. Other people, however, muted their views on policy because of their partisan or personal feelings about Trump. I...
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