by Dan Mitchell | Feb 25, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation, Welfare and Entitlements
When I compare the United States and Europe, it’s usually because I want to make the point that people on the other side of the Atlantic have lower living standards in large part because there is a more onerous fiscal burden of government. Simply...
by Dan Mitchell | Jan 6, 2022 | Blogs, Economics, Free Market, Welfare and Entitlements
I created the Eighth Theorem of Government to illustrate the difference between well-meaning people (who want to help the poor) and zero-sum people (who seem to think some people are poor because other people are rich). This raises the...
by Dan Mitchell | Jan 5, 2022 | Blogs, Economics, Free Market
As I warned a few days ago, Biden’s so-called Build Back Better plan is not dead. There’s still a significant risk that this economy-sapping plan will get enacted, resulting in big tax increases and a larger burden of government spending....
by Dan Mitchell | Nov 19, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
First we got Biden’s $1.9 trillion so-called stimulus. Then we got his $1 trillion-plus infrastructure boondoggle. Now Congress may be on the verge of approving the President’s budget, which (if we use honest numbers) is a $5 trillion plan to...
by Dan Mitchell | Nov 16, 2021 | Big Government, Blogs, Europe
I regularly cite data about Europe’s sub-par economic outcomes in hopes of driving home the point that the United States should not copy that continent’s approach of onerous fiscal burdens. Which is now a very relevant topic with Biden...