by Dan Mitchell | Dec 13, 2020 | Blogs, Economics
I’m not a fan of the European Union, which has morphed from something good (a free-trade pact) to something bad (a pro-centralization, wannabe United States of Europe that exacerbates the continent’s tax-and-spend mentality). Indeed, that’s why I’m a huge fan of...
by Dan Mitchell | Dec 11, 2020 | Blogs, Uncategorized
I’ve written about how our friends on the left represent the rich, and pointed out how big parts of their agenda are designed to help people with above-average incomes. Today, let’s have some fun with that issue. Bernie Sanders has three houses, yet complains about...
by Dan Mitchell | Dec 10, 2020 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Back in 2015, just five years ago, it seemed like entitlement reform might happen. Republicans in the House and Senate voted for budgets based on much-needed changes to Medicare and Medicaid. That was only a symbolic step with Obama in the White House, to be sure, but...
by Dan Mitchell | Dec 9, 2020 | Big Government, Blogs, Economics, Government Spending
At the risk of oversimplification and exaggeration, these six principles tell you everything you need to know about fiscal policy. For purposes of today’s column, let’s focus on Principle #3, which is that “Deficits and debt are symptoms of the underlying problem” of...
by Dan Mitchell | Dec 8, 2020 | Big Government, Blogs, Crime, Society
Since I’m an economist specializing in public finance, I get very upset about punitive tax policy and wasteful government spending. But what really gets my blood boiling is reading about the horrific policy of civil asset forfeiture, which literally allows government...
