by Dan Mitchell | Jan 12, 2023 | Big Government, Blogs, Government Spending, States
When I write about fiscal policy, there are two ever-present themes. Bad tax policy reduces growth and competitiveness, driving away jobs, people, and investment.Bad spending policy occurs when budgets grow faster than the economy’s...
by Dan Mitchell | Jan 4, 2023 | Big Government, Blogs, Economics, Government Spending
As part of my annual “Hopes and Fears” column, a rejuvenated interest in spending restraint was at the top of my list. This clip from a recent interview summarizes the economic issues. If you don’t want to watch the video, here are the three things to...
by Dan Mitchell | Dec 30, 2022 | Big Government, Blogs, Government Spending
I’ve shared some notable tweets this year. Most enjoyableMost savageMost succinctMost cluelessMost informative Today, we’re going to expand on this list with the “most laughable” tweet of 2022. But this tweet from the Republican...
by Dan Mitchell | Dec 29, 2022 | Big Government, Blogs, Government Spending
I don’t worry much about budget deficits. Simply stated, it is far more important to focus on the overall burden of government spending. To be sure, it is not a good idea to have too much debt-financed spending. But it’s also not a good idea...
by Dan Mitchell | Dec 2, 2022 | Big Government, Blogs, Government Spending
As we have seen in nations such as Greece and Argentina, voters sometimes cannot resist the temptation to support profligate politicians – a process that can lead to “goldfish government.” In effect, voters choose fiscal suicide. There’s even a quote,...
