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Lessons from Reaganomics for the 21st Century, Part I

Lessons from Reaganomics for the 21st Century, Part I

by Dan Mitchell | Nov 13, 2023 | Big Government, Blogs, Economics, Government Spending

As a long-time admirer of President Reagan and his economic policies, I was very pleased to author a new study for the Club for Growth Foundation entitled Reaganomics for the 21st Century. In the report, I ask “Is it time for Reaganomics...
Assigning Blame if (when) America Suffers a Fiscal Crisis

Assigning Blame if (when) America Suffers a Fiscal Crisis

by Dan Mitchell | Oct 20, 2023 | Big Government, Blogs, Government Spending

Washington has a spending addiction. And it’s bipartisan. To understand the magnitude of the problem, let’s look at how fast taxes and spending have increased this century compared to population plus inflation. There are two obvious takeaways from this data....
The Academic Case for Spending Limits

The Academic Case for Spending Limits

by Dan Mitchell | Oct 13, 2023 | Big Government, Blogs, Government Spending

Since I’m a big fan of spending caps in Switzerland and Colorado, I’m always on the lookout for research and analysis about fiscal rules. For instance, there are pro-spending-cap studies from left-leaning bureaucracies such as the...
The Link Between Spending Restraint and Good Tax Policy

The Link Between Spending Restraint and Good Tax Policy

by Dan Mitchell | Oct 8, 2023 | Big Government, Blogs, Government Spending, States

Late last year, I praised lawmakers in Georgia and North Carolina for being fiscally responsible. The burden of government spending in those states was constrained between 2020 and 2022, even though that was a period when handouts from Washington were...
More Taxes = More Spending = More Debt

More Taxes = More Spending = More Debt

by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation

I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
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