by Dan Mitchell | Jan 29, 2020 | Big Government, Blogs, Government Spending
When the Congressional Budget Office released its Budget and Economic Outlook yesterday, almost everyone in Washington foolishly fixated on the estimate of $1 trillion-plus annual deficits. What’s far more important – and much more worrisome – is that the burden of...
by Dan Mitchell | Jan 27, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation
About 10 years ago, the Center for Freedom and Prosperity released this video to explain that America’s real fiscal problem is too much spending and that red ink is best viewed as a symptom of that problem. I wrote a primer on this issue two years ago, but I want to...
by Dan Mitchell | Jan 16, 2020 | Blogs, Taxation
I’m part of the small minority that thinks the big news from the United Kingdom is that “Brexit” will finally happen, thanks to Boris Johnson’s landslide victory last month. Most everyone else seems more focused on the latest development with the royal family. The...
by Dan Mitchell | Jan 15, 2020 | Big Government, Blogs, Economics, Socialism
I’ve written about some of Elizabeth Warren’s statist proposals, but watching last night’s Democratic debate convinced me that I need to pay more attention to Bernie Sanders’ agenda. When he ran for president last time, I warned that his platform of $18 trillion of...
by Dan Mitchell | Jan 13, 2020 | Big Government, Blogs, Government Spending
I gave a speech this past weekend about the economy and fiscal policy, and I made my usual points about government being too big and warned that the problem would get much worse in the future because of demographic change and poorly designed entitlement programs....