by Dan Mitchell | Jun 25, 2015 | Big Government, Blogs, Government Spending, Taxation
I detest writing about Greece. I suggested back in 2010 that the best outcome was default, which would have been the most likely outcome of a no-bailouts approach. And for the past five years, events have confirmed – over and over again – that this was the right...
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...
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...
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...
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...
