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...
by Dan Mitchell | Dec 2, 2017 | Big Government, Blogs, Government Spending, Taxation
Since the House has passed a tax cut and the Senate has passed a tax cut, it’s quite likely that there will be a consensus deal that will be signed into law. Which makes me happy since any agreement presumably will include a lower corporate tax rate and...
by Dan Mitchell | Nov 28, 2017 | Big Government, Blogs, Government Spending, Taxation
I’ve been grousing all year that tax cuts and tax reform are jeopardized by the failure to restrain the growth of federal spending. At the start of the year, I pointed out that it would be possible to both balance the budget and approve a $3 trillion tax...
by Dan Mitchell | Oct 28, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve responded to all sorts of arguments against lower taxes. Tax cuts are “unfair” because rich people will benefit. Tax cuts are wrong because revenue should be going up, not down. Tax cuts are pointless because the economy won’t grow faster. Tax cuts are misguided...
by Dan Mitchell | Oct 24, 2017 | Big Government, Blogs, Economics, Government Spending
Back in 2013, I did an assessment of economic policy changes that occurred during the Clinton Administration. The bottom line was that the overall burden of government declined by a semi-significant amount. Which presumably helps to explain why the economy enjoyed...