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“Prioritization” and Debt Limit Nonsense

“Prioritization” and Debt Limit Nonsense

by Dan Mitchell | Jan 22, 2023 | Big Government, Blogs, Government Spending

Back in 2016, here’s what I said about the debt limit during some congressional testimony (and I made very similar points in some 2013 testimony). Near the end of my testimony (about 4:55) I discuss “prioritization,” which is what would happen if the debt limit is not...
Donald Trump Supports Massive Tax Increases on Middle-Class Americans

Donald Trump Supports Massive Tax Increases on Middle-Class Americans

by Dan Mitchell | Jan 21, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Copying some self-styled national conservatives, Donald Trump this week endorsed major tax increases on lower-income and middle-class Americans. But he embraced huge tax increases in an indirect fashion. He did not say “let’s adopt money-siphoning value-added taxes”...

Macron’s Pension Reform Is Necessary (but Inadequate)

by Dan Mitchell | Jan 19, 2023 | Big Government, Blogs, Government Spending

It is an understatement to declare that fiscal policy in France is terrible. The highest burden of government spending in Europe.The third-highest level of pension spending in the OECD.One of the biggest long-run fiscal...
Washington’s Fake Spending Cut Charade

Washington’s Fake Spending Cut Charade

by Dan Mitchell | Jan 18, 2023 | Big Government, Blogs, Government Spending

Two days ago, I dug into the C-Span archives to share a 15-year old clip of me explaining the theoretical virtues of a national sales tax. Let’s now go back more than 30 years for this segment from a 1990 interview. So why am I sharing my thoughts on Washington’s use...
Fiscal Follies: Texas vs. California, Part VIII

Fiscal Follies: Texas vs. California, Part VIII

by Dan Mitchell | Jan 15, 2023 | Big Government, Blogs, Government Spending, States

I have a seven-part series (here, here, here, here, here, here and here) comparing Texas and California, mostly to demonstrate that the not-so-Golden State has hurt itself with excessive taxation and a bloated government....
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