by Dan Mitchell | Jun 16, 2025 | Blogs, Economics, Trade
When I give speeches about Trump’s protectionism, the most-common question I get is about the impact on jobs (it’s a net job destroyer). In the past month or two, however, I’m getting more questions about protectionism and inflation....
by Dan Mitchell | Jun 15, 2025 | Blogs, Economics, Tax Competition, Taxation
What’s the world’s most sure-to-fail policy (as opposed to the world’s most sure-to-fail system, such as socialism)? There are some crazy possibilities, ranging from grandiose schemes such as modern monetary policy to goofy little proposals such...
by Dan Mitchell | Jun 13, 2025 | Big Government, Blogs, Government Spending
France is a role model, but not in a good way. It is a stark example of the dangers of excessive government spending. To elaborate, it has the largest fiscal burden of any first-world nation, which necessitates an oppressive tax regime....
by Dan Mitchell | Jun 12, 2025 | Big Government, Blogs
One of the most unfortunate features of Trump’s Big Beautiful Bill is that it expands the deduction for state and local taxes, thus weakening one of the best provisions of the 2017 tax package. This is bad news since it is foolish to have a...
by Dan Mitchell | Jun 11, 2025 | Big Government, Blogs, Government Spending
One month ago, I explained that the United Kingdom was suffering economic and fiscal deterioration because of a rising burden of government spending. And when a greater share of economic output is diverted to the government, that means slower growth (even...