by Dan Mitchell | Apr 19, 2023 | Big Government, Blogs, Government Spending, Taxation
I have been very pessimistic in recent years about the United Kingdom. Now, having just finished giving speeches in Bristol and London, I’m even more pessimistic. The core problem is that the burden of government spending has expanded dramatically in recent...
by Dan Mitchell | Apr 8, 2023 | Big Government, Blogs, Europe, Government Spending
My “Golden Rule” of fiscal policy, first unveiled in 2011, is based on two principles. To enable more prosperity, the primary goal of fiscal policy should be to reduce the burden of government spending.To achieve good fiscal policy, cap government...
by Dan Mitchell | Apr 3, 2023 | Big Government, Blogs, Government Spending
Every president this century – Biden, Trump, Obama, and Bush – has been a big spender. But I told an audience at the Acton Institute that there are still reasons for optimism. All that is necessary is a modest amount of spending restraint. More specifically, we can...
by Dan Mitchell | Apr 1, 2023 | Big Government, Blogs, Government Spending
The 2023 Social Security Trustees Report was released yesterday, and just like I did last year (and the year before, and the year before that, etc), let’s look at the fiscal status of the retirement program. There is a lot of data in...
by Dan Mitchell | Mar 29, 2023 | Big Government, Blogs, Economics, Government Spending
While speaking last week at the Acton Institute in Michigan, I responded to a question about the perpetual motion machine of Keynesian economics. For purposes of today’s column, let’s try to understand the Keynesian viewpoint. First and foremost, they think spending...
