by Dan Mitchell | May 21, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Excessive government spending is America’s top fiscal problem. To be more specific, poorly designed entitlement programs are leading to an ever-growing spending burden that ultimately will either lead to massive tax increases or a debt crisis. To...
by Dan Mitchell | May 17, 2025 | Big Government, Blogs, Economics, Government Spending
Whenever anyone starts griping about government debt, I tell them they’re right. But I also tell that debt is just a symptom and that the real problem is an ever-growing burden of government spending. Moreover, I warn them that fixating on red ink...
by Dan Mitchell | May 15, 2025 | Big Government, Blogs, Government Spending
I’m in London today as part of the Free Market Road Show, so let’s focus this column on the grim state of fiscal policy in the United Kingdom. The supposed Conservative Party fell off the wagon of fiscal sobriety starting in 2019 and the Labour...
by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation
I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
by Dan Mitchell | May 3, 2025 | Big Government, Blogs, Government Spending
I’ve been critical of Trump’s record on government spending, particularly with regards to entitlements. But perhaps he’ll be better in his second term and there is a positive sign in his just-released budget for discretionary...
