by Dan Mitchell | Jan 5, 2021 | Blogs, Free Market
In an ad during last year’s campaign, Kamala Harris asserted that “equitable treatment means we all end up at the same place.” In other words, lots of class-warfare taxation to finance lots of means-tested redistribution. Here’s an oft-used meme illustrating this...
by Dan Mitchell | Jan 4, 2021 | Big Government, Blogs, Economics
Trump was a big spender before coronavirus and he became an even-bigger spender once the pandemic began. But the White House generally didn’t add insult to injury by citing Keynesian economic theory to justify the president’s profligacy . Prior to the pandemic, the...
by Dan Mitchell | Jan 3, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
In an interview with Fox Business last week, I touched on three policies (easy money from the Fed, Biden’s class-warfare tax agenda, and the ever-increasing burden of federal spending) that create risks for the economy in 2021. I didn’t have a chance to elaborate in...
by Dan Mitchell | Jan 2, 2021 | Blogs, Economics, Free Market
Back on December 28, I shared four charts for the explicit reason that I wanted everyone to understand that average living standards in the western world have skyrocketed over the past few centuries. I could have used that data to clear up myths about “robber barons”...
by Dan Mitchell | Jan 1, 2021 | Blogs, Taxation, Trade
Yesterday was my review of the best and worst policy developments in 2020. Today, I’ll share my hopes and fears for 2021. These are not predictions (economists have a terrible track record when try to make forecasts). Instead, these are merely good and bad things that...
