by Dan Mitchell | Jul 15, 2022 | Big Government, Blogs, Government Spending
Back in May, I pointed out that it is absurd for Joe Biden to claim credit for lower deficits. This Reason video elaborates, noting that red ink is (temporarily) falling solely because the orgy of pandemic spending is ending. Serious budget people, regardless of their...
by Dan Mitchell | Jul 13, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last month, I shared a chart from a study published by the European Central Bank. It showed which European nations were in the unfortunate position of facing big future spending increases (the vertical axis) combined with already-high levels...
by Dan Mitchell | Jun 14, 2022 | Big Government, Blogs, Government Spending
Echoing remarks earlier this month to a group in Nigeria, I spoke today about fiscal economics to the 2022 Africa Liberty Camp in Entebbe, Uganda. During the Q&A session, I was asked to specify the ideal amount of government spending....
by Dan Mitchell | Jun 5, 2022 | Blogs, Economics, Free Market
As part of a conference organized by the Face of Liberty International in Nigeria, I reviewed real–world evidence to explain the recipe needed for poor nations to become rich nations. With an emphasis on fiscal policy, of course. I think much of what I said is common...
by Dan Mitchell | Jun 4, 2022 | Blogs, States, Tax Competition, Taxation
I’ve already shared the “feel-good story” for 2022, so today I’m going to share this year’s feel-good map. Courtesy of the Tax Foundation, here are the states that have lowered personal income tax rates and/or corporate income tax rates in 2021 and 2022....
