by Dan Mitchell | May 6, 2023 | Blogs, Europe
Most Americans pay little or no attention to the European Union and its various bureaucratic and political arms in Brussels. But that’s unwise. What happens in Europe can have an impact on policy in the United States. For instance, I have been very...
by Dan Mitchell | Apr 14, 2023 | Big Government, Blogs, Welfare and Entitlements
The big fiscal fight in Washington is whether the United States should become a European-style welfare state. In part, this is automatically happening because of demographic change and poorly designed entitlement programs. But there’s...
by Dan Mitchell | Apr 4, 2023 | Big Government, Blogs, Europe
Why did many European nations, most notably Greece, suffer fiscal crises about a dozen years ago? Because the burden of government spending, which already was excessive, increased even further. And with taxes already very onerous in...
by Dan Mitchell | Mar 26, 2023 | Blogs, Economics, Europe
The United States has a medium-sized welfare state and nations in Western Europe have large-sized welfare states. Which approach is better (or, to be more accurate, less worse)? To answer that question, you want to compare living standards. And...
by Dan Mitchell | Mar 22, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
Leftists should be nice to rich people people because those entrepreneurs, investors, and business owners are the ones financing the federal government. However, there are too few rich people to finance a European-sized welfare state. The above video is...