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Michael Bloomberg, Housing Finance, Race, and the 2008 Crisis

Michael Bloomberg, Housing Finance, Race, and the 2008 Crisis

by Dan Mitchell | Feb 16, 2020 | Blogs, Uncategorized

I have Republican friends who don’t trust Michael Bloomberg because he switched parties and Democratic friends who don’t trust him for the same reason. I tell all of them that it’s more important to focus on his policy agenda rather than his partisan identification....
Capitalism Helps People in Poor Nations, Foreign Aid Helps Politicians in Poor Nations

Capitalism Helps People in Poor Nations, Foreign Aid Helps Politicians in Poor Nations

by Dan Mitchell | Feb 15, 2020 | Big Government, Blogs

I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video. Sadly, international organizations are infamous nowadays...
J.B. Pritzker’s Dishonest (and Hypocritical) Campaign against the Illinois Flat Tax

J.B. Pritzker’s Dishonest (and Hypocritical) Campaign against the Illinois Flat Tax

by Dan Mitchell | Feb 14, 2020 | Big Government, Blogs, Flat Tax, Government Spending, States, Taxation

The most important referendum in 2019 was the effort to get Colorado voters to eviscerate the Taxpayer Bill of Rights. Fortunately, the people of the Centennial State comfortably rejected the effort to bust the state’s successful spending cap. The most important...
A 21st-Century Spending Cap Would Have Turned Deficits into Surpluses

A 21st-Century Spending Cap Would Have Turned Deficits into Surpluses

by Dan Mitchell | Feb 13, 2020 | Big Government, Blogs, Government Spending

Back in 2012, when America had a budget deficit above $1 trillion, Investor’s Business Daily opined that America’s fiscal mess could have been avoided if politicians had simply adopted a TABOR-style spending cap starting in 1998. As illustrated by the accompanying...
The Most-Flattering-Ever Tweet about Trump’s Economic Policy

The Most-Flattering-Ever Tweet about Trump’s Economic Policy

by Dan Mitchell | Feb 12, 2020 | Blogs, Taxation

I pointed out yesterday that Donald Trump has increased domestic spending at a faster rate than Barack Obama, Bill Clinton, or Jimmy Carter. The day before, I castigated him for proposing a budget that expands the burden of government spending by $2 trillion over the...
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