by Dan Mitchell | Dec 30, 2016 | Blogs, Economics
At the risk of sounding like a broken record (or like Donald Sutherland in Animal House), I’m going to repeat myself for the umpteenth time and state that the United States has a big long-run problem. To be specific, the burden of government spending will inexorably...
by Dan Mitchell | Dec 27, 2016 | Blogs, Flat Tax, Taxation
On December 24, I wrote that all I wanted for Christmas is a spending cap. Alas, Santa did not manage to stuff that long-overdue policy down my chimney. But I’m not surprised. For years, the flat tax was on my Christmas list and that never happened either. I guess I...
by Dan Mitchell | Dec 24, 2016 | Big Government, Blogs, Economics, Government Spending
What could be more fun than to spend the day before Christmas reading about fiscal policy? I realize there are probably endless ways to answer that question, particularly since normal people are probably more concerned about the rumor that the feds are going to arrest...
by Dan Mitchell | Dec 16, 2016 | Big Government, Blogs, Economics, Government Spending
The good thing about being a libertarian (above and beyond respecting the rights and liberties of other people) is that you can always say “I told you so” when government intervention leads to bad results. Obamacare is a very good (albeit very painful) example. The...
by Dan Mitchell | Dec 13, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
In the world of fiscal policy, there are actually two big debates. One debate revolves around the appropriate size of government in the long run. Folks on the left argue that government spending generates a lot of value and that bigger government is a recipe for more...
