by Dan Mitchell | Jul 27, 2025 | Big Government, Blogs, Government Spending
The main goal of fiscal policy should be to shrink the burden of government spending, not to balance the budget or lower debt. However, those two goals are not in conflict if policy makers pursue good policy. The evidence is overwhelming that...
by Dan Mitchell | Jul 22, 2025 | Big Government, Blogs, Government Spending
While Trump’s protectionism means a very misguided tax increase on American consumers and businesses, some of his other fiscal policies are praiseworthy. The spending reforms in the One Big Beautiful Bill are small, but laudable. The changes to...
by Dan Mitchell | Jul 19, 2025 | Big Government, Blogs, Government Spending
I’ve expressed admiration for China’s partial economic liberalization and the impressive growth it produced. But I’ve also warned that there are some misguided government policies that will make it very difficult for China to become a rich country....
by Dan Mitchell | Jul 16, 2025 | Big Government, Blogs, Government Spending
Even though it did not do much to slow the growth of federal spending in fiscal year 2026 and beyond, I was glad to see Trump’s One Big Beautiful Bill get enacted. If nothing else, it saved the country from a big, automatic tax increase next year....
by Dan Mitchell | Jul 10, 2025 | Big Government, Blogs, Government Spending
For many years (2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019), Greece has been one of my go-to examples for bad government policy. But that’s changed this decade. I wrote earlier this...
