by Dan Mitchell | Mar 28, 2018 | Big Government, Blogs, Welfare and Entitlements
Given Social Security’s enormous long-run financial problems, the program eventually will need reform. But what should be done? Some folks on the left, such as Barack Obama and Hillary Clinton, support huge tax increases to prop up the program. Such an approach would...
by Dan Mitchell | Mar 27, 2018 | Blogs, Economics, Regulations
Let’s look at some absurd examples of the regulatory state in action. We’ll start with bone-headed pizza regulation, as explained by the Wall Street Journal. FDA released guidance for posting calorie disclosures at restaurants with more than 20 locations, and the...
by Dan Mitchell | Mar 26, 2018 | Opinion and Commentary
Originally published by The Washington Times on March 25, 2018. Since 2014, Congress has included the Rohrabacher-Farr amendment in its annual appropriations bills. It expressly prevents funds from being used by the Department of Justice to prosecute individuals using...
by Dan Mitchell | Mar 26, 2018 | Big Government, Blogs, Bureaucracy
I’m not a fan of conspiracy theories. When people ask me whether there is some sinister, behind-the-scenes cabal running Washington, I tell them that petty corruption, self-interest, and “public choice” are much better explanations for the nonsensical policies being...
by Dan Mitchell | Mar 25, 2018 | Blogs, Taxation
If you were exempted from taxation, you’d presumably be very happy. After all, even folks on the left do everything they can to minimize their tax payments. Now imagine that you are put in charge of tax policy. Like Elizabeth Warren, you obviously won’t volunteer to...