by Dan Mitchell | Jul 2, 2020 | Blogs, Economics
In an interview with an economic organization from India last month, I discussed many of the economic issues associated with coronavirus (fiscal fallout, excess regulation, subsidized unemployment, etc). But I want to highlight this short clip since I had an...
by Dan Mitchell | Jul 1, 2020 | Big Government, Blogs, Welfare and Entitlements
Before our depressing discussion today about the fiscal impact of entitlement programs (Social Security, Medicare, Medicaid, EITC, Food Stamps, welfare, and Obamacare, etc), here’s a video of how it all began. I think this is a great introduction to the issue,...
by Dan Mitchell | Jun 30, 2020 | Blogs, Education
Today is Thomas Sowell’s 90th birthday. The man is a living legend. I’ve cited his great work many times, and I definitely urge people to read what Walter Williams just wrote about his long-time friend. And I also recommend this Mark Perry column, which contains 15 of...
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....