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A Primer on Debt, Deficits, and Public Finance

by Dan Mitchell | Mar 14, 2018 | Big Government, Blogs, Economics, Government Spending

Way back in 2009, I narrated a video explaining that people worry too much about deficits and debt. Red ink isn’t desirable, to be sure, but I pointed out that the real problem is government spending. And the bottom line is that most types of government...
Seven Adverse Consequences of Big Government

Seven Adverse Consequences of Big Government

by Dan Mitchell | Mar 12, 2018 | Big Government, Blogs, Economics, Government Spending

I’ve narrated a video on why big government is theoretically bad for an economy, another video looking at the empirical evidence on government spending and economic performance, and also a video on the growth-maximizing size of the public sector. But if you want to...
When America’s Fiscal Crisis Hits, Be Forewarned that Tax Increases Will Make a Bad Situation Worse

When America’s Fiscal Crisis Hits, Be Forewarned that Tax Increases Will Make a Bad Situation Worse

by Dan Mitchell | Feb 23, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation

At some point in the next 10 years, there will be a huge fight in the United States over fiscal policy. This battle is inevitable because politicians are violating the Golden Rule of fiscal policy by allowing government spending to grow faster than the private sector...
The World’s Demographic Problem

The World’s Demographic Problem

by Dan Mitchell | Dec 7, 2017 | Big Government, Blogs, Welfare and Entitlements

I gave a speech last night at the University of Texas Arlington on the topic of “Is America turning into Greece? How the growth of government and debt risk creating a dismal future for young Americans.” Not a very succinct title, I realize, but I wanted to warn...
Are Tax Cuts Dangerous?

Are Tax Cuts Dangerous?

by Dan Mitchell | Oct 28, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements

I’ve responded to all sorts of arguments against lower taxes. Tax cuts are “unfair” because rich people will benefit. Tax cuts are wrong because revenue should be going up, not down. Tax cuts are pointless because the economy won’t grow faster. Tax cuts are misguided...
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