by Dan Mitchell | May 29, 2021 | Big Government, Blogs, Economics, Free Market
When I debate public policy with leftists, I frequently stump them by asking for an example of a country where their ideas have worked. They get flummoxed for the simple reason that no nation has ever become rich with big government. There are some...
by Dan Mitchell | May 28, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
There are many things to dislike about President Biden’s budget plan to expand the burden of government. Class-warfare tax policy.Expanding welfare.Higher levels of red ink. There will be ample opportunity to write about these issues in the coming weeks. For today,...
by Dan Mitchell | May 27, 2021 | Blogs, Economics, Taxation
Back in 2013, the Tax Foundation published a report that reviewed 26 academic studies on taxes and growth. That scholarly research produced a very clear message: The overwhelming consensus was that higher tax rates were bad news for prosperity,...
by Dan Mitchell | May 26, 2021 | Big Government, Blogs, States
Last year, I compared the economic performance of red states and blue states. My big takeaway from that column is that we should pay attention to the data on internal migration. More specifically, there’s a reason why Americans have been moving...
by Dan Mitchell | May 25, 2021 | Big Government, Blogs, Welfare and Entitlements
As a libertarian, I don’t care if couples have zero children or 10 children. But as an economist, I’m horrified that big changes in demographics are going to lead to fiscal crises thanks to poorly designed entitlement programs....
