by Dan Mitchell | Jun 2, 2025 | Big Government, Blogs, Government Spending
As shown by the lack of spending restraint in Trump’s absurdly named One Big Beautiful Bill. there are plenty of big-government Republicans in Washington. At the risk of understatement, they are not complying with the Golden Rule of...
by Dan Mitchell | May 31, 2025 | Big Government, Blogs, Government Spending
Ten years ago, I asked whether Denmark was going to be “a Shining Example of Mitchell’s Golden Rule.” To achieve that distinction, a nation needs to have a multi-year period where there is fiscal restraint so that the private sector grows faster than the...
by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...
by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements
Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
by Dan Mitchell | May 21, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Excessive government spending is America’s top fiscal problem. To be more specific, poorly designed entitlement programs are leading to an ever-growing spending burden that ultimately will either lead to massive tax increases or a debt crisis. To...
