by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation
California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
by Dan Mitchell | Feb 14, 2025 | Big Government, Blogs, Government Spending
In Part I of this series, I wrote about the size of government in France (it’s too big). In Part II of this series, I wrote about the growth of government in France (it’s growing too fast). For Part III of the series, let’s consider some of the...
by Dan Mitchell | Feb 8, 2025 | Blogs, Economics, Supply Side, Taxation
Other than Art Laffer, I think of myself as the world’s biggest advocate of the Laffer Curve. I’ve literally written hundreds of columns explaining and promoting the concept. My goal is to help people understand that there is not a linear...
by Dan Mitchell | Feb 6, 2025 | Big Government, Blogs, Government Spending
On this date in 1911, one of America’s greatest presidents was born. I celebrated Ronald Reagan’s birthday with a video in 2011. Let’s do the same thing this year and listen to his wise words about government spending. Reagan didn’t just have good...
by Dan Mitchell | Feb 4, 2025 | Big Government, Blogs, Government Spending
When thinking about fiscal policy, most Americans think the country’s biggest problem is rising levels of government debt. So this chart, based on the Congressional Budget Office’s most-recent 30-year forecast, is what worries them most. I have a...
