by Dan Mitchell | Mar 11, 2024 | Big Government, Blogs, Economics, Government Spending
I’ve been complaining for decades about excessive and wasteful government spending. I’ve also been grousing for just as long about counterproductive, class-warfare tax policy. Thanks to profligacy in Washington, we’re stumbling...
by Dan Mitchell | Mar 5, 2024 | Blogs, Economics, Supply Side, Taxation
When trying to educate someone about the importance of low marginal tax rates, what’s the most-convincing visual? A supply-and-demand graph? A philoso-raptor meme? A cartoon with two doors? A Dan Mitchell hypothetical? I’m partial to...
by Dan Mitchell | Mar 4, 2024 | Big Government, Blogs, Government Spending
I narrated a six-minute video in 2009 to explain why America’s fiscal problem is spending rather than red ink. Here’s the same message in just 51 seconds. If 51 seconds is too much, here’s a visual I created using the latest long-run forecast from the...
by Dan Mitchell | Feb 28, 2024 | Big Government, Blogs, Government Spending, Taxation, Uncategorized
As clearly shown by the Congressional Budget Office, America’s long-run fiscal challenge is an ever-growing burden of federal spending. Particularly entitlement programs. Moreover, because the tax burden is projected to gradually increase...
by Dan Mitchell | Feb 22, 2024 | Big Government, Blogs, Government Spending
I was very optimistic about the United Kingdom less than five years ago. The Conservative Party had just won a landslide election and that presumably would lead to an acceptable form of Brexit, followed by some form of Singapore-on-Thames. Well, the...
