by Dan Mitchell | Jun 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
As part of my recent appearance on The Square Circle (we discussed Uvalde police, gun control, and Ukraine), I said that the new Social Security numbers were the under-reported story of the week. For more details, I was referring to the latest Trustees Report,...
by Dan Mitchell | Jun 2, 2022 | Blogs, Economics, Taxation
Good tax policy should strive to solve the three major problems that plague today’s income tax. Punitive tax rates on productive behavior.Double taxation of saving and investmentCorrupt, complex, and inefficient loopholes. Today, let’s focus on the...
by Dan Mitchell | Jun 1, 2022 | Big Government, Blogs, Government Spending
The 21st century has been bad news for America’s taxpayers. Every president (George W. Bush, Barack Obama, Donald Trump, and Joe Biden) has been a big spender. We obviously can’t give Biden a final grade since he has at least two more years in...
by Dan Mitchell | May 31, 2022 | Big Government, Blogs
Here are some of America’s main economic problems. Painful inflation caused by bad monetary policy by the government.Excessive spending and debt caused by bad fiscal policy by the government.Rising prices and waste caused by bad health...
by Dan Mitchell | May 30, 2022 | Blogs, Economics, Trade
I support free trade for selfish reasons. I want my life to be better and I want my country to be richer. But I also support free trade for selfless reasons. I want other people in other countries to be richer as well. And...