by Dan Mitchell | Jul 5, 2018 | Blogs, Taxation
Last week, I shared very grim data, going all the way back to 1880, on the growth of the welfare state. I even claimed that the accompanying graph was the “western world’s most depressing chart” because it showed the dramatic increase in the burden of government...
by Dan Mitchell | Jul 2, 2018 | Big Government, Blogs, Taxation
New Jersey is a fiscal disaster area. It’s in last place in the Tax Foundation’s index that measures a state’s business tax climate. It’s tied for last place in the Mercatus Center’s ranking of state fiscal conditions. And it ranks in the bottom-10 in measures...
by Dan Mitchell | Jun 29, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last week, I shared a graph showing that there are more guns than people in the United States, and I wrote that it was the “most enjoyable” chart of the year, mostly because it gets my leftist friends so agitated. But I’m more likely to share gloomy visuals. The “most...
by Dan Mitchell | Jun 28, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I wrote yesterday about the continuing success of Switzerland’s spending cap. Before voters changed the Swiss constitution, overall expenditures were growing by an average of 4.6 percent annually. Ever since the “debt brake” took effect, though, government spending...
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...
