by Dan Mitchell | Apr 13, 2018 | Blogs, Taxation
Politicians routinely assert that they want more economic growth. That’s a laudable sentiment, although I doubt their sincerity for the simple reason that these are the same people who frequently impose policies that discourage productive economic activity. Growth...
by Dan Mitchell | Apr 11, 2018 | Big Government, Blogs, Economics, Government Spending
I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament. My role was to chair a panel earlier today about whether Venezuela can recover from socialism. I obviously have an opinion on that topic, but I...
by Dan Mitchell | Apr 10, 2018 | Big Government, Blogs, Government Spending
The Congressional Budget Office just released its annual Economic and Budget Outlook, and almost everyone in Washington is agitated (or pretending to be agitated) about annual deficits exceeding $1 trillion starting in the 2020 fiscal year. All that red ink isn’t good...
by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation
Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...
by Dan Mitchell | Apr 7, 2018 | Big Government, Blogs, Government Spending
My major long-run project during Obama’s presidency was to educate Republicans in Washington about the need for genuine entitlement reform. I explained to them that the United States was doomed, largely because of demographics, to suffer a Greek-style fiscal future if...
