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More Fiscal Insanity from Chicago

More Fiscal Insanity from Chicago

by Dan Mitchell | Aug 4, 2025 | Big Government, Blogs, Taxation

What’s America’s worst city? According to some recent research, it’s Oakland. And a few years before, another expert picked Riverside-San Bernardino-Ontario in California. But what if we look at major cities? Possible contestants include San...
Five Options for the Future of Social Security

Five Options for the Future of Social Security

by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements

Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
Milei Slashes Argentina’s Debt Burden

Milei Slashes Argentina’s Debt Burden

by Dan Mitchell | Jul 27, 2025 | Big Government, Blogs, Government Spending

The main goal of fiscal policy should be to shrink the burden of government spending, not to balance the budget or lower debt. However, those two goals are not in conflict if policy makers pursue good policy. The evidence is overwhelming that...
Is the “One Big Beautiful Bill Act” Worth Supporting?

Is the “One Big Beautiful Bill Act” Worth Supporting?

by Dan Mitchell | Jul 2, 2025 | Big Government, Blogs, Government Spending

At the risk of stating the obvious, the so-called “One Big Beautiful Bill Act.” is grotesquely disappointing. This chart from the Committee for a Responsible Federal Budget tells you everything you need to know. We have a federal budget that is far too...
France and Fiscal Suicide: Part IV

France and Fiscal Suicide: Part IV

by Dan Mitchell | Jun 13, 2025 | Big Government, Blogs, Government Spending

France is a role model, but not in a good way. It is a stark example of the dangers of excessive government spending. To elaborate, it has the largest fiscal burden of any first-world nation, which necessitates an oppressive tax regime....
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