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Trump Endorses Obama-Style Budget Blowout for Infrastructure

Trump Endorses Obama-Style Budget Blowout for Infrastructure

by Dan Mitchell | May 4, 2019 | Big Government, Blogs, Government Spending

Back in April, I observed that, “If you would have loudly condemned a policy under Obama but support a similar policy under Trump, you’re the problem.” We now have a good test case. The President already has demonstrated – repeatedly – that he likes to spend other...
Denmark, Socialism, and Free Markets, Part II

Denmark, Socialism, and Free Markets, Part II

by Dan Mitchell | Apr 26, 2019 | Big Government, Blogs, Government Spending

I explained yesterday that Denmark is not a good role model for American leftists. Simply stated, Otto Brøns-Petersen’s video shows that the admirable outcomes in that country are the result of laissez-faire markets and the bad outcomes are the result of the welfare...
Busting the Spending Caps…Again

Busting the Spending Caps…Again

by Dan Mitchell | Apr 18, 2019 | Big Government, Blogs, Economics, Government Spending

There are two things everyone should understand about the federal budget. First, America faces a grim future because Washington spending will consume an ever-larger share of economic output because of demographic changes and poorly designed entitlement programs....
Budget Dishonesty in Washington

Budget Dishonesty in Washington

by Dan Mitchell | Mar 29, 2019 | Big Government, Blogs, Government Spending

Let’s look at an article that combines two things – wasteful spending and Washington dishonesty – that I don’t like and which was published in The Hill. The Senate Budget Committee on Thursday approved a GOP-backed budget resolution that would allow for draconian...
Fiscal Policy Lessons from Iceland

Fiscal Policy Lessons from Iceland

by Dan Mitchell | Mar 27, 2019 | Big Government, Blogs, Government Spending

Iceland is a tiny little country with just 338,000 people (about the population of Santa Ana, CA), but that doesn’t mean it can’t teach us lessons about public policy. I wrote about the nation’s approach to fisheries in 2016, and explained that the property...
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