by Dan Mitchell | Dec 7, 2018 | Blogs, Trade
Both Barack Obama and Hillary Clinton have said really foolish things, but Donald Trump may have set a new record for economic illiteracy with this tweet. ….I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them...
by Dan Mitchell | Dec 6, 2018 | Blogs, Economics, Taxation
Steve Moore and Art Laffer are the authors of Trumponomics, a largely favorable book about the President’s economic policy. I have a more jaundiced view about Trump. I’m happy to praise his good policies (taxes and regulation), but I also condemn his bad policies...
by Dan Mitchell | Dec 5, 2018 | Big Government, Blogs, Government Spending
I don’t like writing about deficits and debt because I don’t want to deflect attention from the more important underlying problem of excessive government spending. Indeed, I constantly explain that spending is what diverts resources from the productive sector of the...
by Dan Mitchell | Dec 4, 2018 | Blogs, Economics
While capitalism is the only system to produce mass prosperity, I actually support free enterprise more because it is a moral system based on voluntary exchange. The various forms of statism, by contrast, are based on government coercion. But non-coercion not the only...
by Dan Mitchell | Dec 2, 2018 | Blogs, Taxation
With the exception of 2010-2014, when the Tea Party briefly had a grip on the Republican Party, the burden of government spending has been increasing in the United States. This unfortunate trend can’t continue indefinitely, so sooner or later we’ll reach a point where...
