by Dan Mitchell | Oct 2, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Mostly because of an aging population, entitlement spending in the United States is projected to become a much bigger burden. Without reform of those programs, the U.S. within a few decades will have a European-sized level of government spending....
by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 8, 2023 | Big Government, Blogs, Government Spending, Taxation
The burden of federal spending today is too high, diverting resources from the productive sector of the economy and sapping America’s economic vitality. Unfortunately, today’s bad news about excessive government spending will become tomorrow’s...
by Dan Mitchell | Sep 4, 2023 | Big Government, Blogs, Government Spending
The 21st Century has been bad news for advocates of limited government. Every president over the past two decades has been a big spender. Including Joe Biden. Yes, there was a brief dip in the spending burden in 2022, but that was only because of...
by Dan Mitchell | Aug 24, 2023 | Blogs, States, Tax Competition, Taxation
Two of the worst states for tax policy are California and New York. They have punitive income tax rates, high sales taxes, and myriad other ways of diverting money from the productive sector of the economy to finance bloated...
