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The Failure of Bidenomics, Part V

The Failure of Bidenomics, Part V

by Dan Mitchell | Mar 8, 2022 | Big Government, Blogs, Government Spending

Our series on the failure of Bidenomics has touched on four topics. Biden’s subsidy agenda will lead to higher prices and economic inefficiency.Biden’s inflation policy is mocked even by senior Democratic economists.Biden’s so-called Buy America policy hurts taxpayers...
Class-Warfare Taxes and Redistribution: Comparing the United States and Europe

Class-Warfare Taxes and Redistribution: Comparing the United States and Europe

by Dan Mitchell | Feb 25, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation, Welfare and Entitlements

When I compare the United States and Europe, it’s usually because I want to make the point that people on the other side of the Atlantic have lower living standards in large part because there is a more onerous fiscal burden of government. Simply...
Another Reason for Spending Caps

Another Reason for Spending Caps

by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending

The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
Spending Restraint Is Good Policy…and Good Politics

Spending Restraint Is Good Policy…and Good Politics

by Dan Mitchell | Feb 19, 2022 | Big Government, Blogs, Government Spending

Is “austerity” a good thing? Depends on how it is defined. Johan Norberg points out that spending restraint is the right approach. Since I’m a fan of spending restraint, I obviously like the video. But let’s expand on two points. First, the definition of...
The Excellent Fiscal Policy of Warren Harding

The Excellent Fiscal Policy of Warren Harding

by Dan Mitchell | Feb 10, 2022 | Big Government, Blogs, Government Spending

I’ve repeatedly heaped praise on Ronald Reagan. I’ve also lauded Calvin Coolidge on several occasions. And I even once extolled the virtues of Grover Cleveland. Today, we’re going to celebrate the fiscal achievements...
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