by Dan Mitchell | Sep 1, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
In an ideal world, Americans would have personal retirement accounts, just like workers in Australia, Sweden, Chile, Hong Kong, Israel, Switzerland, and a few dozen other nations. But we’re not in that ideal world. We are forced...
by Dan Mitchell | Aug 8, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
Our friends on the left who want more government spending generally have a short-run argument and a long-run argument. In the short run, they assert that more government spending can stimulate a weak economy. This is typically known as Keynesian...
by Dan Mitchell | Jul 30, 2021 | Big Government, Blogs, Government Spending
As a matter of sensible public policy (and well as fealty to the Constitution), the federal government should not be involved in transportation. But since I don’t expect the current crowd in Washington has any interest in getting rid of the Department...
by Dan Mitchell | Jul 29, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Joe Biden wants to dramatically expand the welfare state (more than $5 trillion of new spending over the next 10 years). In this discussion with Ross Kaminsky of KHOW in Denver, I warn that the President’s proposal for per-child handouts is an...
by Dan Mitchell | Jul 28, 2021 | Big Government, Blogs, Government Spending, Taxation
Back in 2019, I listed “Six Principles to Guide Policy on Government Spending.” If I was required to put it all in one sentence (sort of), here’s the most important thing to understand about fiscal policy. This does not mean, by the way, that we should...
