by Dan Mitchell | May 19, 2022 | Big Government, Blogs, Government Spending
More than 10 years ago, I narrated this video showing how the United States benefited from spending restraint under both Ronald Reagan and Bill Clinton. Since today’s topic is Clinton’s policies, pay attention starting about 4:00. If you don’t have time to watch the...
by Dan Mitchell | May 18, 2022 | Big Government, Blogs, Government Spending, Taxation
When I first started writing this daily column, the Congressional Budget Office was infamous for dodgy economics. In the short run, CBO believed in the very simplistic Keynesian notion that a bigger burden of government spending somehow...
by Dan Mitchell | May 17, 2022 | Big Government, Blogs, Regulations
While I definitely criticized the Food and Drug Administration for its many mistakes during the pandemic, I only made passing reference to that bureaucracy when referencing the shortage of baby formula during the concluding portion of a recent program. And even that...
by Dan Mitchell | May 16, 2022 | Blogs, Health Care
Most people would say high prices are the biggest problem with health care in the United States. But high prices should be viewed as the symptom of the real problem, which is “third-party payer.” And what is third-party payer? It’s the fact that consumers purchase...
by Dan Mitchell | May 15, 2022 | Big Government, Blogs
Early last year, I shared a video explaining that Karl Marx was a despicable human being. Today, let’s look at a video that further examines him and his hideous ideology. This raises an interesting question of picking the most offensive feature of Marxism. The...