by Dan Mitchell | Mar 28, 2019 | Blogs, Taxation
It’s not easy to identify the worst international bureaucracy. Some days, I’m tempted to pick the Organization for Economic Cooperation and Development. After all, the Paris-based bureaucracy is infamous for pushing bigger government and higher taxes. Other days, I...
by Dan Mitchell | Mar 22, 2019 | Big Government, Blogs, Government Spending
In the absence of genuine entitlement reform, the United States at some point is going to suffer from a debt crisis. But red ink is merely a symptom. I used numbers from Greece in this interview to underscore the fact that the real problem is government spending. The...
by Dan Mitchell | Mar 14, 2019 | Big Government, Blogs, Tax Competition, Taxation
I wrote a couple of weeks ago about how New York is committing slow-motion fiscal suicide. The politicians in Illinois must have noticed because they now want (another “hold my beer” moment?) to accelerate the already-happening collapse of their state. The new...
by Dan Mitchell | Mar 1, 2019 | Big Government, Blogs, Economics, Government Spending
Back in January, I wrote about the $42 trillion price tag of Alexandria Ocasio-Cortez’s Green New Deal. To pay for this massive expansion in the burden of government spending, some advocates have embraced “Modern Monetary Theory,” which basically assumes the Federal...
by Dan Mitchell | Feb 25, 2019 | Big Government, Blogs, Economics, Government Spending
When I’m asked for a basic tutorial on fiscal policy, I normally share my four videos on the economics of government spending and my primer on fundamental tax reform. But this six-minute interview may be a quicker introduction to spending issues since I had the...