by Dan Mitchell | Aug 2, 2025 | Big Government, Blogs, Government Spending
Regular readers know I’m not a Trumpie. Some of his policies are terrible (protectionism), while others are irresponsible (punting on entitlements) or misguided (new tax loopholes). But I have to give credit where credit is due. Unlike every other Republican president...
by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements
Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
by Dan Mitchell | Jul 27, 2025 | Big Government, Blogs, Government Spending
The main goal of fiscal policy should be to shrink the burden of government spending, not to balance the budget or lower debt. However, those two goals are not in conflict if policy makers pursue good policy. The evidence is overwhelming that...
by Dan Mitchell | Jul 19, 2025 | Big Government, Blogs, Government Spending
I’ve expressed admiration for China’s partial economic liberalization and the impressive growth it produced. But I’ve also warned that there are some misguided government policies that will make it very difficult for China to become a rich country....
by Dan Mitchell | Jul 16, 2025 | Big Government, Blogs, Government Spending
Even though it did not do much to slow the growth of federal spending in fiscal year 2026 and beyond, I was glad to see Trump’s One Big Beautiful Bill get enacted. If nothing else, it saved the country from a big, automatic tax increase next year....