by Dan Mitchell | May 22, 2023 | Big Government, Blogs, Government Spending
Regarding the debt ceiling, the hysterical headlines about default and an economic apocalypse are silly because the Treasury Department surely will “prioritize” if Republicans and Democrats don’t reach an agreement. The above clip was taken from an interview last week...
by Dan Mitchell | May 20, 2023 | Big Government, Blogs, Government Spending
The Swiss Debt Brake and Colorado’s TABOR work because they limit spending. Balanced budget requirements, by contrast, have a weak track record. My point in the above discussion with the Soul of Enterprise is mostly based on economics. Our fiscal...
by Dan Mitchell | May 15, 2023 | Big Government, Blogs, Government Spending, Taxation
What do Joe Biden and Donald Trump have in common? Speaking earlier this year to the Mackinac Center in Michigan, I warned they both implicitly favor massive tax increases on ordinary households. If you don’t want to spend two minutes watching the...
by Dan Mitchell | May 2, 2023 | Blogs, Tax Competition, Taxation
The economic policy lessons from Latin America are very clear. There’s one unambiguous success story (at least until the past couple of years), one semi-decent success story, and then a bunch of utter failures. What’s interesting (and tragic) is...
by Dan Mitchell | Apr 25, 2023 | Blogs
CF&P has a video on spending caps that focuses on international evidence, such as Switzerland’s debt brake. Here’s a video from the American Legislative Exchange Council that that looks at a successful domestic spending cap – Colorado’s Taxpayer Bill of Rights....
