by Dan Mitchell | Jul 8, 2019 | Blogs, Taxation
Every so often, I share very weird stories about government regulations, from both America and around the world. And when I say weird, I’m not exaggerating. But we also have some strange examples of tax loopholes. I’m not talking about corporate jets, which should be...
by Dan Mitchell | Jul 7, 2019 | Big Government, Blogs, Government Spending
San Francisco used to be famous for cable cars. Now it’s getting well known for its “poop patrol” and maps that warn people about the ubiquitous presence of human excrement. Why are people defecating on city sidewalks? Because there’s a major problem with...
by Dan Mitchell | Jul 6, 2019 | Blogs, Economics
When comparing the Obama economy and the Reagan economy, I often used a database from the Minneapolis Federal Reserve that compared jobs and growth data during business cycles. That made sense since both presidents had an economic expansion that began relatively early...
by Dan Mitchell | Jul 5, 2019 | Big Government, Blogs
One of the worst examples of Washington cronyism is the Export-Import Bank, which has provided subsidies for big companies that sell to foreign buyers. Corrupt firms such as Boeing and General Electric argue that they need help from the Ex-Im Bank in order make those...
by Dan Mitchell | Jul 4, 2019 | Blogs, Taxation, Trade
For my annual Independence Day columns, I sometimes try to make serious points, such as last year when I shared the very wise words of Calvin Coolidge, who is probably America’s most-underappreciated president. Or when I wrote about the proper meaning of patriotism,...