by Dan Mitchell | Aug 22, 2023 | Big Government, Blogs, Government Spending
The best evidence for spending caps is the comparison between the United States and Switzerland. Even since Swiss voters overwhelmingly imposed their “debt brake” on politicians 20 years ago, total government spending in Switzerland has increased by an...
by Dan Mitchell | Aug 15, 2023 | Big Government, Blogs, Government Spending
I have repeatedly explained that spending restraint is good fiscal policy. And I have specifically explained that you achieve this goal by limiting spending so that it grows slower than the productive sector of the economy. A fringe...
by Dan Mitchell | Aug 2, 2023 | Big Government, Blogs, Economics, Government Spending
I’m not a big fan of Moody’s, Fitch, and Standard & Poor’s. As I explained in this 2011 interview, these credit rating firms don’t provide much insight, at least with regards to assessing whether governments can be trusted to honor their...
by Dan Mitchell | Jul 14, 2023 | Big Government, Blogs, Education, Government Spending
For those who care about empirical data, the evidence is overwhelming that you do not get better educational outcomes by dumping more taxpayer dollars into government schools. All of which is captured in this...
by Dan Mitchell | Jul 6, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I sometimes disagree with the Committee for a Responsible Federal Budget because they mistakenly focus on reducing deficits and debt, which makes them very vulnerable to supporting counterproductive tax increases (such as...