by Dan Mitchell | Feb 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
The title of this column is an exaggeration. What we’re really going to do today is explain the main things you need to know about government debt. We’ll start with this video from Kite and Key Media, which correctly observes...
by Dan Mitchell | Jan 19, 2022 | Big Government, Blogs, Government Spending
Back in 2017, the Center for Freedom and Prosperity released this video to help explain why spending caps are the most sensible and sustainable fiscal rule. Switzerland actually has a spending cap in its constitution, and similar fiscal rules also exist...
by Dan Mitchell | Jan 18, 2022 | Blogs, Taxation
I wrote last year about an encouraging trend of lower tax rates at the state level. As you can see from this map, one of the states moving in the right direction is Iowa. But Governor Kim Reynolds isn’t satisfied with just lowering tax rates, which is a...
by Dan Mitchell | Jan 15, 2022 | Blogs, States
When I wrote about the 2018 edition of Freedom in the 50 States, Florida ranked as the nation’s most libertarian state. In the 2021 version, New Hampshire takes the top spot (reclaiming the lead it had back in 2016). Here’s a map showing the...
by Dan Mitchell | Jan 14, 2022 | Big Government, Blogs, Government Spending
As a libertarian, I view defense spending with the same jaundiced eye that I apply to domestic spending. I’ve pointed out that the U.S. represents a big share of global military outlays.I’ve pointed out that sequestration wasn’t a threat to...