by Dan Mitchell | Jun 7, 2025 | Big Government, Blogs, Government Spending, Government Waste
I commonly use “everything you need to know” when sharing a story that summarizes the buffoonery of a government (either international, national, regional, or local). I even occasionally claim that a story (see here, here, and here)...
by Dan Mitchell | Jun 5, 2025 | Big Government, Blogs, Government Spending
Elon Musk is in the news because of his opposition to Trump’s “Big Beautiful Bill.” At the risk of sounding wishy-washy, I’m not sure if he is right or wrong. The good news is that the bill prevents a massive automatic tax increase starting on January 1 of 2026. The...
by Dan Mitchell | Jun 2, 2025 | Big Government, Blogs, Government Spending
As shown by the lack of spending restraint in Trump’s absurdly named One Big Beautiful Bill. there are plenty of big-government Republicans in Washington. At the risk of understatement, they are not complying with the Golden Rule of...
by Dan Mitchell | May 31, 2025 | Big Government, Blogs, Government Spending
Ten years ago, I asked whether Denmark was going to be “a Shining Example of Mitchell’s Golden Rule.” To achieve that distinction, a nation needs to have a multi-year period where there is fiscal restraint so that the private sector grows faster than the...
by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...