by Dan Mitchell | May 25, 2025 | Big Government, Blogs, Government Spending, Taxation
I admire Ronald Reagan because he walked the walk and talked the talk, which basically means he said the right things and did the right things. Here’s another example of his wisdom. If Reagan’s analysis sounds familiar, it may be because...
by Dan Mitchell | May 24, 2025 | Blogs, Economics, Free Market, Socialism
I’m baffled that anybody who is both knowledgeable and well-meaning can choose some strain of collectivism (socialism, fascism, communism, etc) over capitalism. It should be a slam dunk for free enterprise, assuming the goal is...
by Dan Mitchell | May 23, 2025 | Blogs, Economics, Trade
Argentina has been an unfortunate member of the Anti-Convergence Club, having been featured once in 2018 and twice in 2023 (here and here). Today’s column will start by making Argentina a four-time member. As you can see from the chart (based...
by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements
Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
by Dan Mitchell | May 21, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Excessive government spending is America’s top fiscal problem. To be more specific, poorly designed entitlement programs are leading to an ever-growing spending burden that ultimately will either lead to massive tax increases or a debt crisis. To...
