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GOP: The Second Party of Big Government

GOP: The Second Party of Big Government

by Dan Mitchell | Aug 2, 2024 | Big Government, Blogs, Government Spending

In the pre-Trump era, I used to ask whether Republicans were fiscally responsible Reaganites or big-spending Bushies. In recent years, the question has become whether the GOP is a small-government Reagan party or a big-government Trump party....
Journalism + Keynesian Economics = Media Malpractice

Journalism + Keynesian Economics = Media Malpractice

by Dan Mitchell | Jul 28, 2024 | Big Government, Blogs

He’s only been in office since late last year, but President Javier Milei of Argentina is doing an amazing job, dramatically reducing inflation in a very short time. And he’s also significantly reduced the burden of government spending, leading to...
Excessive Growth of Government Spending = Recipe for Economic Chaos

Excessive Growth of Government Spending = Recipe for Economic Chaos

by Dan Mitchell | Jul 7, 2024 | Big Government, Blogs, Economics, Government Spending

I’ve written previously about Pakistan getting into trouble because government spending grew too fast over a multi-year period. And I also wrote about Kenya suffering economic problems for the same reason. Today, let’s look at the fiscal...
What’s the Real Reason for Kenya’s Deadly Tax Riots

What’s the Real Reason for Kenya’s Deadly Tax Riots

by Dan Mitchell | Jun 27, 2024 | Big Government, Blogs, Government Spending, Taxation

I wrote earlier this year about Kenya’s fiscal policy and I made two points. Kenya is in trouble because the burden of government spending has exploded over the past twenty-plus years. Tax increases in Kenya are backfiring because people are changing their...
The Looming Fiscal Crisis

The Looming Fiscal Crisis

by Dan Mitchell | Jun 23, 2024 | Big Government, Blogs, Government Spending

More than 13 years ago, when many European nations were rocked by fiscal crisis, I speculated about which nation would be the next to suffer a Greek-style meltdown. I focused my analysis on Japan, Italy, Greece, Belgium, Spain, and Portugal. And I...
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