by Dan Mitchell | Jan 4, 2023 | Big Government, Blogs, Economics, Government Spending
As part of my annual “Hopes and Fears” column, a rejuvenated interest in spending restraint was at the top of my list. This clip from a recent interview summarizes the economic issues. If you don’t want to watch the video, here are the three things to...
by Dan Mitchell | Dec 29, 2022 | Big Government, Blogs, Government Spending
I don’t worry much about budget deficits. Simply stated, it is far more important to focus on the overall burden of government spending. To be sure, it is not a good idea to have too much debt-financed spending. But it’s also not a good idea...
by Dan Mitchell | Dec 22, 2022 | Big Government, Blogs, Taxation, Welfare and Entitlements
I worry about big tax increases because of America’s grim long-run fiscal outlook. The video clip is less than two minutes (taken from this longer discussion with Fergus Hodgson), but I can summarize my key point in just one very important sentence Anybody...
by Dan Mitchell | Dec 2, 2022 | Big Government, Blogs, Government Spending
As we have seen in nations such as Greece and Argentina, voters sometimes cannot resist the temptation to support profligate politicians – a process that can lead to “goldfish government.” In effect, voters choose fiscal suicide. There’s even a quote,...
by Dan Mitchell | Nov 28, 2022 | Big Government, Blogs, Welfare and Entitlements
Back in July, I made the case for the right kind of entitlement reform in a discussion with the folks at Live and Let Live. Today, I want to underscore why it is important to focus on “the right kind” of reform. On paper, you can save money with “means...
