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....
by Dan Mitchell | May 26, 2022 | Big Government, Blogs, Government Spending
America’s fiscal future is very grim, largely because of an ever-expanding burden of entitlement spending. To see the magnitude of the problem, let’s peruse the Budget and Economic Outlook, which was released yesterday by the Congressional...