New investments will mean a bigger “trade deficit”

Dan Mitchell
Daniel J. Mitchell is the President of the Center for Freedom and Prosperity and the Center for Freedom and Prosperity Foundation. Dr. Mitchell advocates limited government and fundamental tax reform, and is the nation’s leading opponent of tax harmonization schemes developed by the Brussels-based European Union, the Paris-based Organization for Economic Cooperation and Development (OECD), and the United Nations.
In addition to fiscal policy, Dr. Mitchell is a trenchant observer of economic developments and an expert on Social Security reform – particularly the fiscal policy impact of reform and what the US can learn from other nations that have created personal retirement accounts.
More Fiscal Insanity from Chicago
Chicago is in a horribly misgoverned state and has America’s worst mayor.
A Small But Important Victory for Taxpayers
This is the feel-good story of 2025.
Since Upper-Income Taxpayers Finance the American Welfare State, Leftists Should Be Nice to Rich People, Part III
Folks on the left have to decide what matters most.
Trump, Trade, and the Economy
Are the good Trump policies offsetting the bad?
The Laffer Curve Triumphs Again: Class Warfare in the United Kingdom Backfires
The government is actually losing money.
Josh Hawley’s Tariff Rebate: Wrong, but Honest
A top Trump ally wants a new handout to offset the damage to American families.
Is Milei Winning Hearts and Minds?
Is he eroding support for bureaucracy and big government?
Five Options for the Future of Social Security
Policy makers will have to choose from these five options.
Milei Slashes Argentina’s Debt Burden
Government debt has dramatically declined since he took office.










