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Washington’s Fiscal Ponzi Scheme

Washington’s Fiscal Ponzi Scheme

by Dan Mitchell | Mar 20, 2024 | Big Government, Blogs, Economics, Government Spending

My book on fiscal policy, co-authored with Les Rubin, is now officially published. I wrote a sneak-peak column about The Greatest Ponzi Scheme on Earth last week. There are three main takeaways from our book. The problem is spending The problem is...
Hopes and Fears for 2024

Hopes and Fears for 2024

by Dan Mitchell | Jan 1, 2024 | Big Government, Blogs, Education, Government Spending, Welfare and Entitlements

As usual (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 potential good news. Here are the three things that plausibly could...
The Best and Worst News of 2023

The Best and Worst News of 2023

by Dan Mitchell | Dec 31, 2023 | Big Government, Blogs, Education, Welfare and Entitlements

Time for the annual “best and worst” column, which has been a long-standing tradition (2022, 2021, 2020, 2019, 2018, etc). We actually saw some major good news in 2023. Here are my top 3 developments. President Milei in Argentina – The most...
Part II: Another European Fiscal Crisis?

Part II: Another European Fiscal Crisis?

by Dan Mitchell | Dec 7, 2023 | Big Government, Blogs, Europe, Government Spending

Back in April, I warned that European governments were spending too much, sewing the seeds of another fiscal crisis (aided and abetted by the European Commission). Let’s expand on that issue today, focusing specifically on the eurozone (the European nations that use...
Assigning Blame if (when) America Suffers a Fiscal Crisis

Assigning Blame if (when) America Suffers a Fiscal Crisis

by Dan Mitchell | Oct 20, 2023 | Big Government, Blogs, Government Spending

Washington has a spending addiction. And it’s bipartisan. To understand the magnitude of the problem, let’s look at how fast taxes and spending have increased this century compared to population plus inflation. There are two obvious takeaways from this data....
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