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...
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...
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....