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A Deceptive and Inaccurate Call for Higher Taxes

by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation

Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...
Which State Will Be the First to Suffer Fiscal Collapse?

Which State Will Be the First to Suffer Fiscal Collapse?

by Dan Mitchell | Apr 6, 2018 | Big Government, Blogs, States, Tax Competition, Taxation

I’m a big fan of federalism because states have the flexibility to choose good policy or bad policy. And that’s good news for me since I get to write about the consequences. One of the main lessons we learn (see here, here, here, here, and here) is that high-earning...

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...
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