by Dan Mitchell | Dec 29, 2017 | Big Government, Blogs, Government Spending, Government Waste
In 2011, I wrote about how taxpayers were getting pillaged to finance a new metro line in Fairfax County, Virginia. But you won’t be surprised to learn that California taxpayers are getting screwed even worse. I’ve since learned, however, that the real experts at...
by Dan Mitchell | Dec 24, 2017 | Big Government, Blogs, Government Spending
Yesterday’s column about “the tax nightmare before Christmas” was based on my fear that politicians will try to impose a value-added tax at some point in the not-too-distant future. Today’s column is about the spending nightmare that is already happening. The bottom...
by Dan Mitchell | Dec 16, 2017 | Big Government, Blogs, Government Spending, Taxation
Greece has confirmed that a nation can spend itself into a fiscal crisis. And the Greek experience also has confirmed that bailouts exacerbate a fiscal crisis by enabling more bad policy, while also rewarding spendthrift politicians and reckless lenders (as I...
by Dan Mitchell | Dec 12, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Back in 2014, I shared a report that looked at the growth of redistribution spending in developed nations. That bad news in the story was that the welfare state was expanding at a rapid pace in the United States. The good news is that the overall fiscal burden of...
by Dan Mitchell | Dec 11, 2017 | Big Government, Blogs, Economics, Government Spending
Whenever I discuss education policy with one of my leftist friends, it usually follows the same script. They’ll ask whether I want good education for kids. I’ll say yes. They’ll then say we should devote more money to government schools. I then show them this powerful...