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The Simple and Predictable Story of Fiscal Bankruptcy in Cyprus

by Dan Mitchell | Jul 5, 2012 | Big Government, Blogs, Europe, Government Spending

With all the fiscal troubles in Greece, Spain, Ireland, Portugal, and Italy, there’s not much attention being paid to Cyprus. But the Mediterranean island nation is a good case study illustrating the economic dangers of big government. For all intents and purposes,...

Switzerland’s “Debt Brake” Is a Role Model for Spending Control and Fiscal Restraint

by Dan Mitchell | Apr 27, 2012 | Big Government, Blogs, Government Spending, Taxation

I’ve argued, ad nauseam, that the single most important goal of fiscal policy is (or should be) to make sure the private sector grows faster than the government. This “golden rule” is the best way of enabling growth and avoiding fiscal crises, and I’ve cited nations...

Congressman Ryan’s Budget Restrains Spending Growth, Allows Private Sector to Expand Faster than Burden of Government

by Dan Mitchell | Mar 22, 2012 | Big Government, Blogs, Government Spending

The Chairman of the House Budget Committee has produced a new budget plan which contrasts very favorably with the tax-heavy, big-spending proposal submitted by the President last month. Perhaps most important, Congressman Ryan’s plan restrains spending growth,...

European Central Bank Research Shows that Government Spending Undermines Economic Performance

by Dan Mitchell | Dec 11, 2011 | Big Government, Blogs, Economics, Europe, Government Spending

Europe is in the midst of a fiscal crisis caused by too much government spending, yet many of the continent’s politicians want the European Central Bank to purchase the dodgy debt of reckless welfare states such as Spain, Italy, Greece, and Portugal in order to prop...
Explaining How to Solve America’s Fiscal Crisis

Explaining How to Solve America’s Fiscal Crisis

by Dan Mitchell | Nov 11, 2011 | Big Government, Blogs, Government Spending

I didn’t have the fun of dealing with the OccupyWashington protestors at the Americans for Prosperity conference, but I did speak to the audience about America’s looming fiscal nightmare. The video quality isn’t perfect, though it came out better than the recording of...
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