by Dan Mitchell | Dec 24, 2019 | Big Government, Blogs, Government Spending, Government Waste
I wrote yesterday that the Trump tax plan is yielding significant benefits, but one of my caveats at the end of the column warned that Trump’s weak record on spending undermines the long-run sustainability of lower tax rates. The latest example of Trump’s profligacy...
by Dan Mitchell | Dec 14, 2019 | Blogs, Europe
Technically, my coverage of U.K election week began last Monday with a look at Jeremy Corbyn’s radical statism, and ended yesterday with some analysis of Boris Johnson’s victory. But since I’m still in England, this is an opportune time for a new edition of Great...
by Dan Mitchell | Dec 6, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
Arthur Okun was a well-known left-of-center economist last century. He taught at Yale, was Chairman of the Council of Economic Advisors for President Lyndon Johnson, and also did a stint at Brookings. In today’s column, I’m not going to blame him for any of LBJ’s...
by Dan Mitchell | Nov 25, 2019 | Big Government, Blogs, Government Spending, Taxation
I want lower taxes. I want to reform taxes. And I want to abolish existing taxes and block new taxes. But I also recognize that the biggest fiscal problem, both in America and elsewhere in the world, is that there’s too much government spending. This creates a bit of...
by Dan Mitchell | Nov 11, 2019 | Big Government, Blogs, Government Spending, Taxation
Candidates such as Elizabeth Warren and Bernie Sanders supposedly are competing for hard-left voters, while candidates such as Joe Biden and Pete Buttigieg are going after moderate voters. But a review of Buttigieg’s fiscal policy suggests he may belong in the first...