by Dan Mitchell | Nov 27, 2024 | Big Government, Blogs, Government Spending
In Part I of this series about Javier Milei, I shared some IMF data showing a big decline in the overall burden of government in Argentina. I focused on overall spending (national, provincial, and local) for two reasons. That’s the only data I had in English...
by Dan Mitchell | Nov 25, 2024 | Big Government, Blogs, Government Spending
I’m in Argentina this week, where I will be giving a speech about the flat tax on Wednesday. But I’m not going to use today’s column to regurgitate my thoughts about tax reform. Instead, I want to dedicate today and the next few days to analyzing the...
by Dan Mitchell | Nov 21, 2024 | Big Government, Blogs, Economics, Government Spending
I’m speaking today in Uruguay and, since this is my first visit, I want to take this opportunity to analyze that country’s economic policy. The good news is that the current president, Luis Lacalle Pou, has been more fiscally responsible than his...
by Dan Mitchell | Nov 13, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Back in August, I shared a chart showing that nearly 100 percent of America’s 30-year deficit was because of Social Security and Medicare. Well, Brian Riedl of the Manhattan Institute has unveiled the 2024 version of his...
by Dan Mitchell | Nov 12, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
During his first term, Donald Trump did not do a good job on government spending. Instead of draining the swamp, he expanded it. The most damning evidence is that he increased domestic spending at a faster rate than Barack Obama. And that’s not even...