by Dan Mitchell | Dec 8, 2023 | Big Government, Blogs, Government Spending
For decades (literally), I’ve maintained that make-believe budget cuts are the biggest form of budgetary dishonesty in Washington. But this John Stossel video discusses another scam politicians use to squander more money. So-called emergency spending is not a trivial...
by Dan Mitchell | Dec 7, 2023 | Big Government, Blogs, Europe, Government Spending
Back in April, I warned that European governments were spending too much, sewing the seeds of another fiscal crisis (aided and abetted by the European Commission). Let’s expand on that issue today, focusing specifically on the eurozone (the European nations that use...
by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending
The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
by Dan Mitchell | Nov 22, 2023 | Big Government, Blogs, Government Spending
Back in 2014, I applauded German lawmakers for being fiscally responsible between 2003 and 2007. During that era, the burden of government spending barely increased. Today, I’m going to add more applause. I took another look at the IMF...
by Dan Mitchell | Nov 21, 2023 | Big Government, Blogs, Government Spending, Taxation
Even though America’s fiscal policy is in bad shape and getting worse, I’m afraid that politicians who claim to want to make things better will wind up making things worse. For instance, when two former Senators (Rob Portman of Ohio and Kent Conrad of...
