by Dan Mitchell | Aug 1, 2022 | Big Government, Blogs, Government Spending
I realize few readers are interested in small, faraway countries. But I periodically write about nations such as Jordan, Cyprus, Latvia, Vanuatu, Panama, and Pakistan because they offer important lessons – mostly negative, but sometimes positive – about fiscal policy....
by Dan Mitchell | Jul 21, 2022 | Big Government, Blogs, Health Care, Welfare and Entitlements
If Joe Biden’s bungled economic policy is any indication, the GOP may wind up controlling Washington in the not-too-distant future. If so, I hope Republicans rekindle their interest in the kind of genuine entitlement reform discussed in this interview. But...
by Dan Mitchell | Jul 13, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last month, I shared a chart from a study published by the European Central Bank. It showed which European nations were in the unfortunate position of facing big future spending increases (the vertical axis) combined with already-high levels...
by Dan Mitchell | May 24, 2022 | Big Government, Blogs, Europe, Monetary Policy, Welfare and Entitlements
Earlier this year, I pointed out that President Biden should not be blamed for rising prices. There has been inflation, of course, but the Federal Reserve deserves the blame. More specifically, America’s central bank responded to the coronavirus...
by Dan Mitchell | Feb 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
The title of this column is an exaggeration. What we’re really going to do today is explain the main things you need to know about government debt. We’ll start with this video from Kite and Key Media, which correctly observes...
