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The 2025 Version of America’s Dismal Fiscal Future

The 2025 Version of America’s Dismal Fiscal Future

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

Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
France and Fiscal Suicide, Part III

France and Fiscal Suicide, Part III

by Dan Mitchell | Feb 14, 2025 | Big Government, Blogs, Government Spending

In Part I of this series, I wrote about the size of government in France (it’s too big). In Part II of this series, I wrote about the growth of government in France (it’s growing too fast). For Part III of the series, let’s consider some of the...
America’s Looming Fiscal Crisis

America’s Looming Fiscal Crisis

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...
Republican Budget Games: Will They Join Democrats to Punt the Debt Limit?

Republican Budget Games: Will They Join Democrats to Punt the Debt Limit?

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...
Brazil and the 20th Theorem of Government

Brazil and the 20th Theorem of Government

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...
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