by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Sep 28, 2021 | Big Government, Blogs, Government Spending
Last week, I wrote about a new study which estimates that Biden’s fiscal agenda of bigger government and higher taxes would reduce economic output by about $3 trillion over the next decade. Perhaps more relevant, that foregone economic...
by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
by Dan Mitchell | Sep 19, 2021 | Blogs, Government Spending
With regards to fiscal policy, part of my mission is to proselytize in favor of lower tax rates and a smaller burden of government spending. But another goal is simply to make sure people understand basic facts about the budget. For instance,...
by Dan Mitchell | Sep 16, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
More than 10 years ago, I wrote about President Obama’s disingenuous strategy of pretending that spending increases were tax cuts. Politicians in Washington have come up with something far more impressive than turning lead into gold or water into wine. Using...
