by Dan Mitchell | Mar 23, 2022 | Big Government, Blogs, Government Spending, Taxation
I’ve identified seven reasons to oppose tax increases, but explain in this interview that the biggest reason is that it would be a mistake to give politicians more money to finance an ever-larger burden of government spending. I had two goals when responding this...
by Dan Mitchell | Mar 14, 2022 | Big Government, Blogs, Government Spending
Two days ago, I explained that spending caps are better than anti-deficit rules. In this clip from the same panel discussion, I talk about how a spending cap should be designed. The key design issue is how fast spending should increase....
by Dan Mitchell | Mar 12, 2022 | Uncategorized
As part of a panel discussion with the Texas Public Policy Foundation, I explained (with a frozen look) why spending caps (such as Switzerland’s “debt brake“) are better than balanced budget requirements. This is a topic I’ve written about many times, noting that even...
by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending
The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
by Dan Mitchell | Nov 27, 2021 | Big Government, Blogs, Government Spending
Nearly 10 years ago, I shared some data to show how a Swiss-style spending cap would have prevented some of the excess spending of the Bush and Obama years. Trillion-dollar deficits would have been avoided. But, more...
