by Dan Mitchell | Jun 2, 2025 | Big Government, Blogs, Government Spending
As shown by the lack of spending restraint in Trump’s absurdly named One Big Beautiful Bill. there are plenty of big-government Republicans in Washington. At the risk of understatement, they are not complying with the Golden Rule of...
by Dan Mitchell | May 31, 2025 | Big Government, Blogs, Government Spending
Ten years ago, I asked whether Denmark was going to be “a Shining Example of Mitchell’s Golden Rule.” To achieve that distinction, a nation needs to have a multi-year period where there is fiscal restraint so that the private sector grows faster than the...
by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...
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...
