by Dan Mitchell | Dec 26, 2018 | Big Government, Blogs, Government Spending
I often write about the failure of government. The federal government launched a multi-trillion dollar War on Poverty and the poverty rate, which had been consistently falling, now is stuck around 13 percent. Governments at all levels have pumped ever-increasing...
by Dan Mitchell | Dec 18, 2018 | Big Government, Blogs, Government Spending
What’s the most inefficient and wasteful part of the federal government? It’s impossible to answer that question without greater detail. Are we supposed to identify the worst cabinet-level department? If that’s the case, then bureaucracies such as the Department of...
by Dan Mitchell | Dec 2, 2018 | Blogs, Taxation
With the exception of 2010-2014, when the Tea Party briefly had a grip on the Republican Party, the burden of government spending has been increasing in the United States. This unfortunate trend can’t continue indefinitely, so sooner or later we’ll reach a point where...
by Dan Mitchell | Oct 17, 2018 | Big Government, Blogs, Government Spending
The Congressional Budget Office just released a Monthly Budget Review showing a $782 billion deficit for the 2018 fiscal year. My recommendation is to mostly ignore data on red ink. Yes, it is possible that a country can get in trouble because of deficits and debt,...
by Dan Mitchell | Oct 9, 2018 | Big Government, Blogs, Government Spending
I’ve been in Lebanon for the past few days, but not because I’m seeking a replacement for the Princess of the Levant. Instead, I’m here because the Lebanese Institute for Market Studies arranged a briefing in the Parliament on the perilous state of the nation’s...
