by Dan Mitchell | Jan 12, 2023 | Big Government, Blogs, Government Spending, States
When I write about fiscal policy, there are two ever-present themes. Bad tax policy reduces growth and competitiveness, driving away jobs, people, and investment.Bad spending policy occurs when budgets grow faster than the economy’s...
by Dan Mitchell | Nov 4, 2022 | Big Government, Blogs, Government Spending
If Republicans do as well as expected in next Tuesday’s mid-term elections, especially with regard to gubernatorial and state legislative contests, I expect that more states will enact and expand on school choice in 2023. That will be great...
by Dan Mitchell | Oct 29, 2022 | Big Government, Blogs, Europe, Government Spending
As part of “European Fiscal Policy Week,” I’ve complained about bad Italian fiscal policy, bad Europe-wide fiscal policy, bad British fiscal policy, and also the unhelpful role of the European Union. But I want to end the week on an...
by Dan Mitchell | Jul 30, 2022 | Big Government, Blogs, Government Spending, Taxation
Yesterday’s column analyzed some depressing data in the new long-run fiscal forecast from the Congressional Budget Office. Simply stated, if we leave fiscal policy on auto-pilot, government spending is going to consume an ever-larger share of America’s...
by Dan Mitchell | Apr 28, 2022 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps, I’m very happy to be in Zurich as part of the Free Market Road Show. Switzerland’s spending cap (called “the debt brake“) is probably the best system in the world. It does have an escape clause for emergencies,...
