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Fraudulent Emergency Spending

Fraudulent Emergency Spending

by Dan Mitchell | Dec 8, 2023 | Big Government, Blogs, Government Spending

For decades (literally), I’ve maintained that make-believe budget cuts are the biggest form of budgetary dishonesty in Washington. But this John Stossel video discusses another scam politicians use to squander more money. So-called emergency spending is not a trivial...
Part II: Another European Fiscal Crisis?

Part II: Another European Fiscal Crisis?

by Dan Mitchell | Dec 7, 2023 | Big Government, Blogs, Europe, Government Spending

Back in April, I warned that European governments were spending too much, sewing the seeds of another fiscal crisis (aided and abetted by the European Commission). Let’s expand on that issue today, focusing specifically on the eurozone (the European nations that use...
Knowingly Flunking Budget Math

Knowingly Flunking Budget Math

by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending

The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
The IMF’s Campaign to Keep Poor Countries Impoverished

The IMF’s Campaign to Keep Poor Countries Impoverished

by Dan Mitchell | Dec 4, 2023 | Blogs, Taxation

What’s the best way of helping poor countries achieve faster growth so they can converge with rich nations? Sensible people respond with a range of good answers. Removing trade barriers.Lowering corruption.Improved rule of...
Germany’s Fiscal Decay

Germany’s Fiscal Decay

by Dan Mitchell | Nov 22, 2023 | Big Government, Blogs, Government Spending

Back in 2014, I applauded German lawmakers for being fiscally responsible between 2003 and 2007. During that era, the burden of government spending barely increased. Today, I’m going to add more applause. I took another look at the IMF...
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