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Can Tories Find a New Margaret Thatcher to Lead the U.K. to Post-Brexit Prosperity?

Can Tories Find a New Margaret Thatcher to Lead the U.K. to Post-Brexit Prosperity?

by Dan Mitchell | Jun 12, 2019 | Big Government, Blogs, Government Spending, Taxation

The Conservative Party in the United Kingdom is in the process of selecting a new leader to replace the disastrous Theresa May as Prime Minister. The most important goal for the Tories is to find someone who will deliver a clean Brexit and thereby extricate the...
Blame Spending, Not Trump Tax Cuts, for the National Debt

Blame Spending, Not Trump Tax Cuts, for the National Debt

by Dan Mitchell | Jun 6, 2019 | Opinion and Commentary

Originally published by USA Today on June 5, 2019. When President George W. Bush used the national credit card for the Troubled Asset Relief Program bailout, the establishment applauded. When President Barack Obama doubled the national debt for his failed stimulus,...
New Research from Australia on Government Spending and Economic Growth

New Research from Australia on Government Spending and Economic Growth

by Dan Mitchell | May 25, 2019 | Big Government, Blogs, Economics, Government Spending

As part of today’s sessions at the Friedman conference in Australia, I got to listen to Professor Tony Makin talk about the burden of government spending in Australia. I want to share several of his slides since he made some very cogent points. First, he pointed out...
Great Moments in Washington Waste

Great Moments in Washington Waste

by Dan Mitchell | May 17, 2019 | Big Government, Blogs, Government Spending, Government Waste

Every so often, I’ll see a story (or sometimes even just a photo, a court decision, or a phrase) that sums up the essence of government – a unseemly combination of venality and incompetence. Today, we’re going to review three examples that make my point. We’ll lead...
The (Seemingly) Inexorable Increase in the Burden of Federal Spending

The (Seemingly) Inexorable Increase in the Burden of Federal Spending

by Dan Mitchell | May 15, 2019 | Big Government, Blogs, Government Spending

Earlier this year, I reviewed new fiscal projections from the Congressional Budget Office (CBO) and showed that balancing the budget would be relatively easy if politicians simply limited spending so that it didn’t grow faster than inflation. Though I made sure to...
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