by Dan Mitchell | May 3, 2021 | Big Government, Blogs, Government Spending
President Biden has proposed a massive $2 trillion-plus infrastructure plan. Here are the two things everyone should understand. It will hurt growth because it will be financed with very harmful tax increases, most notably a big increase in the corporate tax...
by Dan Mitchell | May 1, 2021 | Big Government, Blogs, Economics, Government Spending
Good fiscal policy means low tax rates and spending restraint. And that’s a big reason why I’m a fan of Reaganomics. Unlike other modern presidents (including other Republicans), Reagan successfully reduced the tax burden while...
by Dan Mitchell | Apr 30, 2021 | Blogs, Economics, Free Market, Supply Side
If nothing else, Biden’s big-government agenda is triggering a debate about fundamental issues, such as whether it’s a good idea to make America’s economy more like Singapore or more like Italy. In making the case for the Italian approach of higher...
by Dan Mitchell | Apr 29, 2021 | Blogs, Education
After three columns on the topic in the past five weeks (see here, here, and here), I wasn’t expecting to write again about school choice anytime soon, but this speech by State Senator Justin Wayne of Nebraska must be watched. Nebraska Senator Justin Wayne (D) tells...
by Dan Mitchell | Apr 28, 2021 | Big Government, Blogs
We can learn a lot by looking at economic history. It’s instructive to note, for instance, that the United States evolved from agricultural poverty to middle-class prosperity in the 1800s – during a time when the burden of government spending...
