by Dan Mitchell | Aug 24, 2024 | Big Government, Blogs, Government Spending, Taxation
I’ve written many times about America having a problem of a government that is too big and growing too fast. And I’ve warned that this will lead to some combination of the following dire consequences. Big tax increases. Big debt...
by Dan Mitchell | Aug 19, 2024 | Big Government, Blogs, Economics, Government Spending
It’s been a while since I shared this video about the Rahn Curve (or Armey-Rahn Curve), so let’s watch this Golden Oldie from 2010. The insight of the Rahn Curve (sort of a spending version of the Laffer Curve) is that economic performance declines once government...
by Dan Mitchell | Aug 12, 2024 | Big Government, Blogs, Government Spending
In Part I of this series, I groused that Donald Trump and Kamala Harris are both very irresponsible about Social Security. Instead of proposing good reforms (or even bad reforms!), they want to kick the can down the road and pretend the problem doesn’t exist. Even...
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....
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...
