by Dan Mitchell | Feb 4, 2025 | Big Government, Blogs, Government Spending
When thinking about fiscal policy, most Americans think the country’s biggest problem is rising levels of government debt. So this chart, based on the Congressional Budget Office’s most-recent 30-year forecast, is what worries them most. I have a...
by Dan Mitchell | Jan 15, 2025 | Big Government, Blogs, Government Spending
My recent book explains that we are stumbling our way to a fiscal crisis. If there’s any hope of avoiding a disaster, it will probably happen when and if good members of Congress (a vanishing breed) refuse to allow an increase in the debt...
by Dan Mitchell | Jan 3, 2025 | Big Government, Blogs, Government Spending
The goal of fiscal policy should be limited government and that means complying with the Golden Rule of spending restraint. When countries control the disease of excessive spending, that also seems to be the only effective way of reducing...
by Dan Mitchell | Jan 1, 2025 | Blogs, Education, Europe
As usual (2024, 2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the good things that hopefully will happen this year....
by Dan Mitchell | Dec 11, 2024 | Big Government, Blogs, Welfare and Entitlements
Given the dirigiste mindset of the nation’s politicians, I’ve joked that France’s national sport is taxation. And I mocked a former French President for graciously and mercifully deciding that no residents should pay more than 80 percent of their income...
