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...
by Dan Mitchell | Nov 18, 2022 | Big Government, Blogs, Government Spending, States
I was going to write about Argentina again today, following up on yesterday’s column. But the National Association of State Budget Officers has released a new report about spending in the 50 states. This is an opportunity to see how all the pandemic...
by Dan Mitchell | Nov 16, 2022 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last week, I explained that “supply siders” need to be ardent advocates of spending restraint. After all, there is no chance of good tax policy in the future if the burden of federal spending continues to expand. I also wrote about “national conservatives”...