by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 15, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been very critical of big-spending Republicans like Trump for two reasons. First, bigger government saps economic vitality by diverting resources from the economy’s productive sector.Second, bigger government sooner or...
by Dan Mitchell | Sep 8, 2023 | Big Government, Blogs, Government Spending, Taxation
The burden of federal spending today is too high, diverting resources from the productive sector of the economy and sapping America’s economic vitality. Unfortunately, today’s bad news about excessive government spending will become tomorrow’s...
by Dan Mitchell | Sep 1, 2023 | Blogs, Taxation
I wrote in 2017 that class warfare in the 1950s did not work because well-to-do taxpayers could choose to earn less, evade taxes, or avoid taxes. In this video, Brian Domitrovic elaborates on the failure of confiscatory tax rates. Let’s dig deeper...
by Dan Mitchell | Aug 29, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
Scandinavian countries have very unusual economic policy. They are very free market-oriented with regards to most types of economic policy. The glaring exception is fiscal policy, where these nations get very low scores. The burden of...