by Dan Mitchell | Aug 15, 2025 | Big Government, Blogs, Government Spending
Three days ago, I wrote about Australia’s system of personal retirement accounts and explained why it is much better than America’s bankrupt Social Security system. This does not mean, however, that Australia does a good job with overall...
by Dan Mitchell | Aug 10, 2025 | Blogs
Over the past 11 months, ever since I introduced my 20th Theorem of Government, I’ve reviewed fiscal data for five countries (China, Greece, France, Brazil, Colombia) and two states (Maryland, Washington). Of those seven examples, only...
by Dan Mitchell | Aug 2, 2025 | Big Government, Blogs, Government Spending
Regular readers know I’m not a Trumpie. Some of his policies are terrible (protectionism), while others are irresponsible (punting on entitlements) or misguided (new tax loopholes). But I have to give credit where credit is due. Unlike every other Republican president...
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...
