by Dan Mitchell | Aug 28, 2025 | Big Government, Blogs, Economics, Government Spending
When I wrote yesterday about Germany, I could imagine readers shrugging their shoulders and thinking it was just another column about European decline. Indeed, I’ve written similar columns about other welfare states such...
by Dan Mitchell | Aug 27, 2025 | Big Government, Blogs, Government Spending
In 2023, I wrote about Germany’s fiscal decay, noting that the burden of government spending had been increasing faster than the productive sector of the economy. This violated my Golden Rule. In the accompanying chart, I noted that government was...
by Dan Mitchell | May 14, 2025 | Blogs, Economics, Europe
There’s an enormous amount of data showing that people in the United States enjoy much higher livings standards than Europeans. That’s not too surprising since most European governments have adopted large-sized welfare states while...
by Dan Mitchell | Mar 6, 2025 | Big Government, Blogs, Economics, Government Spending
Here are three options when contemplating Germany’s biggest economic challenge. Is it the growing burden of government, which likely will worsen over time because of demographic factors? Is it extreme environmental policies that have spiked energy costs and undermined...
by Dan Mitchell | Feb 10, 2025 | Blogs, Europe
The American version of the Green New Deal included some subsidies for inefficient wind and solar, but it was largely just a marketing gimmick for a big expansion in the burden of government (everything from Medicare for All to student...