by Dan Mitchell | Jun 29, 2020 | Big Government, Blogs
Every so often, I’ll notice a tweet that has some remarkable characteristic. Best tweet about capitalism vs socialism. The most depressing tweet. Trump’s worst-ever tweet. The best-ever counter-tweet. The most-flattering tweet about Trump’s policy. The best-ever...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....
by Dan Mitchell | Jun 27, 2020 | Big Government, Blogs, Government Spending
Some people say that California is the worst-governed state (I would probably choose Illinois or New Jersey, but it’s a close race). And if you wanted to pick the worst-governed place in California, San Francisco might be at the top of the list. The city manages to...
by Dan Mitchell | Jun 26, 2020 | Blogs, Economics, Trade
In early 2019, I released this video summarizing some of the evidence for free trade. The bad news is that I must not be very persuasive. Trump continued with protectionist policy. The good news is that we now have more evidence against that form of government...
by Dan Mitchell | Jun 25, 2020 | Blogs
I’m a long-time critic of the Federal Reserve, Fannie Mae, and Freddie Mac, but I had no idea they would produce something as bad as the 2008 financial meltdown. It’s not easy to predict the timing and severity of a crisis. Unless we’re talking about the ticking time...