by Dan Mitchell | Sep 14, 2024 | Big Government, Blogs, Government Spending
I wrote in 2013 that “for any fiscal policy question, spending restraint is the answer,” which is simply a restatement of my Golden Rule. I’m going to augment that by stating that “whenever there is a fiscal mess, excess spending growth is the cause.”...
by Dan Mitchell | Dec 10, 2023 | Big Government, Blogs, Government Spending
My trip to Argentina last year motivated me to write Part I of this series, which focused on whether things might get better in that tragic country for the simple reason that they couldn’t possibly get any worse. In Part II of...
by Dan Mitchell | Nov 22, 2023 | Big Government, Blogs, Government Spending
Back in 2014, I applauded German lawmakers for being fiscally responsible between 2003 and 2007. During that era, the burden of government spending barely increased. Today, I’m going to add more applause. I took another look at the IMF...
by Dan Mitchell | Apr 28, 2023 | Big Government, Blogs, Government Spending
Earlier this month, I wrote separate columns about the spending cap in Switzerland (the “debt brake“) and the spending cap in Colorado (“TABOR“). In this clip from my appearance on Let People Prosper, I explain those spending caps are the gold...
by Dan Mitchell | Jun 3, 2020 | Big Government, Blogs, Government Spending
Should high-tax states such as California and New York get a bailout? I explained last month why that would be a mistake, in large part because bailouts would reward states for irresponsible fiscal policy (similar to my argument that countries like Austria and the...