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...
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,...
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...
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...
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...