by Dan Mitchell | Dec 21, 2023 | Big Government, Blogs, Government Spending
When making the case for spending caps, the best domestic example is Colorado and the best international example is Switzerland. What makes the Swiss example especially persuasive is a comparison over the past 20 years between...
by Dan Mitchell | Dec 20, 2023 | Blogs
Fixing entitlement programs is the the most pressing fiscal need in Washington. In a discussion with the Club for Growth Foundation, I explain that we also need federalism – i.e., shifting programs to the state and local level. At the risk of...
by Dan Mitchell | Dec 9, 2023 | Blogs, Economics, Laffer Curve, Taxation
Two months ago, I wrote about a remarkable example of the Laffer Curve, involving Ireland’s low 12.5 percent corporate tax rate. According to the New York Times, Ireland was collecting so much corporate tax revenue that the government was having a...
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...
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...
