by Dan Mitchell | Nov 21, 2023 | Big Government, Blogs, Government Spending, Taxation
Even though America’s fiscal policy is in bad shape and getting worse, I’m afraid that politicians who claim to want to make things better will wind up making things worse. For instance, when two former Senators (Rob Portman of Ohio and Kent Conrad of...
by Dan Mitchell | Oct 11, 2023 | Big Government, Blogs, Taxation
Paul Krugman isn’t always wrong. A few years ago, for instance, he admitted the Laffer Curve is real. And he even once wrote something sensible about tax policy. But those are the exceptions. His usual routine is to pontificate in favor of bigger...
by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
by Dan Mitchell | Oct 2, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Mostly because of an aging population, entitlement spending in the United States is projected to become a much bigger burden. Without reform of those programs, the U.S. within a few decades will have a European-sized level of government spending....
by Dan Mitchell | Sep 28, 2023 | Blogs, Education, Taxation
I wrote more than four years ago about a misguided soda tax in Philadelphia. This video from John Stossel updates us on what’s happened. As usual, John makes good points I’m especially amazed that he was able to get an overpaid local politician to go on camera to...
