by Dan Mitchell | May 21, 2022 | Blogs, Trade
I’m a knee-jerk supporter of free trade, which simply means I don’t think politicians and bureaucrats should be able to interfere with my freedom to buy good and services from people who happen to live in other nations. But my support for free trade is not just...
by Dan Mitchell | May 20, 2022 | Big Government, Blogs, Government Waste
Government spending, almost by definition, is wasteful. But it’s worth distinguishing between two types of waste. Money that is spent properly but inefficiently.Money that is diverted by crooks and scammers. Today, we’re going to focus on the...
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...