by Dan Mitchell | Feb 4, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’m glad that Donald Trump wants faster growth. The American people shouldn’t have to settle for the kind of anemic economic performance that the nation endured during the Obama years. But does he understand the right recipe for prosperity? That’s an open question. At...
by Dan Mitchell | Jan 28, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
Yesterday was “Australia Day,” which I gather for Aussies is sort of like the 4th of July for Americans. To belatedly celebrate for our friends Down Under, I suppose we could sing Waltzing Matilda. But since I’m a policy wonk with a special fondness for the nation,...
by Dan Mitchell | Jan 26, 2017 | Big Government, Blogs, Government Spending, Taxation
Based on new 10-year fiscal estimates from the Congressional Budget Office, I wrote yesterday that balancing the budget actually is very simple with a modest bit of spending restraint. If lawmakers simply limit annual spending increases to 1 percent annually, the...
by Dan Mitchell | Jan 26, 2017 | Big Government, Blogs, Government Spending
The Congressional Budget Office, as part of The Budget and Economic Outlook: 2017 to 2027, has just released fiscal projections for the next 10 years. This happens twice every year. As part of this biannual exercise, I regularly (most recently here and here) dig...
by Dan Mitchell | Jan 22, 2017 | Big Government, Blogs, Economics, Government Spending
I was sitting directly under a television in a Caribbean airport when Trump got inaugurated, so I inadvertently heard his speech. The bad news is that Trump didn’t say much about liberty or the Constitution. And, unlike Reagan, he certainly didn’t have much to say...
