by Dan Mitchell | Jun 27, 2018 | Big Government, Blogs, Economics, Government Spending
There are many threats to prosperity, both in the short run and long run. A tit-for-tat global trade war that would repeat the mistakes of the 1930s. Punitive class-warfare taxes stifling investment and entrepreneurship. Financial bubbles fueled by the easy-money...
by Dan Mitchell | Jun 23, 2018 | Big Government, Blogs, Government Spending
I try not to get too agitated about media bias, but I sometimes get “triggered” when the deliberate inaccuracies involve economic issues. And I get really irked when reporters write about non-existent spending cuts. I’ve previously mocked the New York Times on this...
by Dan Mitchell | Jun 9, 2018 | Big Government, Blogs, Government Spending, Taxation
I’ve half-joked in the past that spending restraint is the answer to every fiscal problem. But I wouldn’t be surprised if it’s the right answer to 98 percent of fiscal problems. Some fiscal discipline is what we need in America, for instance, and it’s certainly an...
by Dan Mitchell | Jun 4, 2018 | Blogs, Tax Competition, Taxation
Better economic performance is the most important reason to adopt pro-growth reforms such as the Tax Cuts and Jobs Act of 2017. Even small increases in economic growth – especially if sustained over time – can translate into meaningful improvements in living...
by Dan Mitchell | May 29, 2018 | Big Government, Blogs, Government Spending
I wrote two days ago about how the country of Georgia has achieved impressive economic performance thanks to major reforms to reduce the size and scope of government. Indeed, Georgia jumped from #56 to #8 in Economic Freedom of the World between 2004 and 2015, a...