by Dan Mitchell | May 9, 2022 | Big Government, Blogs, Bureaucracy, Government Waste
Compared to international bureaucracies such as the IMF and OECD, the United Nations has very little power to impose bad policy. But that does not mean it should be immune from criticism. There’s an anti-market ideology at the UN and I have specifically...
by Dan Mitchell | May 8, 2022 | Big Government, Blogs, Government Spending
After almost 16 months in office, what is President Biden’s track record on fiscal policy? The good news is that his big tax-and-spend plan to “build back better” has not been approved by Congress (and fingers crossed that it stays that way)....
by Dan Mitchell | May 7, 2022 | Blogs, Monetary Policy
Back in 2015, I explained to Neil Cavuto that easy money creates the conditions for a boom-bust cycle. It’s now 2022 and my argument is even more relevant. That’s because the Federal Reserve panicked at the start of the pandemic and dumped a massive amount of...
by Dan Mitchell | May 6, 2022 | Big Government, Blogs, Economics
Politicians in Washington very much like the idea of industrial policy. Steve Forbes, however, warns that legislation to expand cronyism would be a very bad idea. As Steve notes, politicians foolishly claim we need our own version of industrial policy...
by Dan Mitchell | May 5, 2022 | Blogs, Flat Tax, Taxation
About 14 years ago, I narrated this video about the flat tax and national sales tax (sometimes referred to as a “Fair Tax”). I used the video as an opportunity to explain that both plans effectively rip up the current internal revenue code. And both would solve...
