by Dan Mitchell | Feb 11, 2024 | Big Government, Blogs, Government Spending
Three days ago, I explained that modest spending restraint could solve America’s fiscal problems. In today’s column, let’s expand on that topic. We’ll start with this clip from a recent interview. If you don’t want to spend a couple of minutes watching...
by Dan Mitchell | Feb 8, 2024 | Big Government, Blogs, Government Spending
Way back in 2010, and then over and over again in subsequent years, I have showed that it is very simple to balance the budget. All that is necessary is some reasonable spending restraint, sort of like what happened during...
by Dan Mitchell | Feb 7, 2024 | Big Government, Blogs, Government Spending
I’ve written many columns about Venezuela, Chile, and Argentina, but only one column specifically about Mexico. Since I’m currently in Mexico City doing some meetings and research about Mexico’s economic policy, time to make up for that lack...
by Dan Mitchell | Jan 30, 2024 | Blogs, Taxation, VAT
I wrote 10 days ago about why a value-added tax would be a mistake for the United States. To help reinforce that argument, here’s a new map from the Tax Foundation showing VAT rates on the other side of the Atlantic Ocean. With a few exceptions...
by Dan Mitchell | Jan 25, 2024 | Big Government, Blogs, Government Spending
The ideal fiscal policy is a spending cap and the specific design is not terribly important so long as the net effect is to have government spending grow slower than the private sector. Switzerland’s Debt Brake complies with this requirement....
