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Will Denmark Become a Shining Example of Mitchell’s Golden Rule?

by Dan Mitchell | Jun 21, 2015 | Big Government, Blogs, Economics, Government Spending

I suggested earlier this year that Denmark’s ratio of private sector workers compared with government dependents produced the world’s most depressing Powerpoint slide. It’s hard to be optimistic, after all, if a nation has an ever-growing number of people riding in...
America’s Greek Fiscal Future

America’s Greek Fiscal Future

by Dan Mitchell | Jun 20, 2015 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

Last September, I wrote about some very disturbing 10-year projections that showed a rising burden of government spending. Those numbers were rather depressing, but a recently released long-term forecast from the Congressional Budget Office make the 10-year numbers...
Proven Reforms to Restrain Leviathan Government

Proven Reforms to Restrain Leviathan Government

by Dan Mitchell | May 28, 2015 | Big Government, Blogs, Economics, Government Spending

Back in March, I shared a remarkable study from the International Monetary Fund which explained that spending caps are the only truly effective way to achieve good fiscal policy. And earlier this month, I discussed another good IMF study that showed how deficit and...

Balanced Budget Requirements Don’t Work as Well as Spending Limits

by Dan Mitchell | May 25, 2015 | Big Government, Blogs, Government Spending

When I first came to Washington back in the 1980s, there was near-universal support and enthusiasm for a balanced budget amendment among advocates of limited government. The support is still there, I’m guessing, but the enthusiasm is not nearly as intense. There are...

Another Edition of Great Moments in Government Waste, Malfeasance, and Foolishness

by Dan Mitchell | May 17, 2015 | Big Government, Blogs, Government Spending, Government Waste

Since I’m an advocate of smaller government, you might imagine I’m perpetually depressed. After all, I work in Washington where I’m vastly outnumbered by people who specialize in looting and mooching. At times, I feel like a missionary in a house of ill repute. But I...
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