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Government Job-Training Programs Are a Recipe for Waste, Fraud, Duplication, and Failure

by Dan Mitchell | Apr 24, 2018 | Big Government, Blogs, Government Spending

A few years ago, John Stossel did an undercover investigation of a government job-training program and he found that the operation was basically a scam. Not that we should be surprised. Back in 2014, I explained to a C-Span audience that a healthy private sector was...

The Looming Fiscal Nightmare of Extravagant Unfunded Pensions for State and Local Bureaucrats

by Dan Mitchell | Apr 16, 2018 | Big Government, Blogs, Government Spending, States

Politicians have a giant incentive to provide lavish benefits to interest groups that then recycle some of the loot back to elected officials in the form of campaign contributions. But the real key to the scam is that the bill gets imposed on future generations. The...
More Government Spending = Weaker Economic Performance

More Government Spending = Weaker Economic Performance

by Dan Mitchell | Apr 11, 2018 | Big Government, Blogs, Economics, Government Spending

I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament. My role was to chair a panel earlier today about whether Venezuela can recover from socialism. I obviously have an opinion on that topic, but I...

In a Single Image, Everything You Need to Know about the New CBO Budget Numbers

by Dan Mitchell | Apr 10, 2018 | Big Government, Blogs, Government Spending

The Congressional Budget Office just released its annual Economic and Budget Outlook, and almost everyone in Washington is agitated (or pretending to be agitated) about annual deficits exceeding $1 trillion starting in the 2020 fiscal year. All that red ink isn’t good...

A Deceptive and Inaccurate Call for Higher Taxes

by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation

Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...
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