by Dan Mitchell | Jul 28, 2018 | Big Government, Blogs, Government Spending, Taxation
Shortly after the fiscal crisis began in Greece, I explained that the country got in trouble because of too much government spending. More specifically, I pointed out that the country was violating my Golden Rule, which meant that the burden of spending was rising...
by Andrew F. Quinlan | Jul 3, 2018 | Opinion and Commentary
Originally published by Townhall.com on July 2, 2018. Getting anything done legislatively during an election year is difficult. That’s especially true in the current political environment, now compounded by the coming fight over filling the Supreme Court vacancy left...
by Dan Mitchell | Jun 29, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last week, I shared a graph showing that there are more guns than people in the United States, and I wrote that it was the “most enjoyable” chart of the year, mostly because it gets my leftist friends so agitated. But I’m more likely to share gloomy visuals. The “most...
by Dan Mitchell | Jun 28, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I wrote yesterday about the continuing success of Switzerland’s spending cap. Before voters changed the Swiss constitution, overall expenditures were growing by an average of 4.6 percent annually. Ever since the “debt brake” took effect, though, government spending...
by Dan Mitchell | Jun 27, 2018 | Big Government, Blogs, Economics, Government Spending
There are many threats to prosperity, both in the short run and long run. A tit-for-tat global trade war that would repeat the mistakes of the 1930s. Punitive class-warfare taxes stifling investment and entrepreneurship. Financial bubbles fueled by the easy-money...
