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The Practical Case Against Higher Taxes

The Practical Case Against Higher Taxes

by Dan Mitchell | Feb 28, 2024 | Big Government, Blogs, Government Spending, Taxation, Uncategorized

As clearly shown by the Congressional Budget Office, America’s long-run fiscal challenge is an ever-growing burden of federal spending. Particularly entitlement programs. Moreover, because the tax burden is projected to gradually increase...
The Negative Consequences of Big-Government Toryism

The Negative Consequences of Big-Government Toryism

by Dan Mitchell | Feb 22, 2024 | Big Government, Blogs, Government Spending

I was very optimistic about the United Kingdom less than five years ago. The Conservative Party had just won a landslide election and that presumably would lead to an acceptable form of Brexit, followed by some form of Singapore-on-Thames. Well, the...
Three Cheers (so far) for Argentina’s Libertarian President

Three Cheers (so far) for Argentina’s Libertarian President

by Dan Mitchell | Feb 20, 2024 | Big Government, Blogs, Government Spending

The world’s most sensible political leader is President Javier Milei of Argentina. But that doesn’t mean he will succeed in rescuing his nation’s Peronism-warped economy. Especially since left-leaning parties control the legislature. But he’s...
Washington’s Spending Problem

Washington’s Spending Problem

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...
Spending Restraint Is the Simple Answer to America’s Fiscal Woes

Spending Restraint Is the Simple Answer to America’s Fiscal Woes

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...
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