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Debt Limit Should Be an Opportunity Rather than a Crisis

Debt Limit Should Be an Opportunity Rather than a Crisis

by Dan Mitchell | Aug 12, 2017 | Blogs, Economics

There are some charming traditions, like the swallows returning every year to the Mission of San Juan Capistrano. But other traditions are far less impressive, most notably the make-believe hysteria that occurs every time the federal government approaches its “debt...
The Sad Decline of Economic Literacy at the New York Times

The Sad Decline of Economic Literacy at the New York Times

by Dan Mitchell | Aug 11, 2017 | Big Government, Blogs

Every so often, I mock the New York Times for biased or sloppy analysis. Claiming Medicaid cuts in a piece that shows rising outlays for the program. Asserting that government schools are “starved of funding” when taxpayer subsidies actually have skyrocketed. Claiming...
New Zealand’s Road Map for Sweeping Pro-Market Reform

New Zealand’s Road Map for Sweeping Pro-Market Reform

by Dan Mitchell | Aug 10, 2017 | Blogs, Free Market

I wrote last September that New Zealand is the unsung success story of the world. No, it doesn’t rank above Hong Kong and Singapore, which routinely rank as the two jurisdictions with the most economic liberty. But it deserves praise for rising so far and fast...

Does Trump Deserve Credit for Surging Stock Prices?

by Dan Mitchell | Aug 9, 2017 | Uncategorized

I’m rather frustrated about the lack of real results from the Republicans in Washington. They haven’t repealed some or all of Obamacare despite seven years of promises. They haven’t lowered taxes or reformed the tax code. They did a business-as-usual budget...
The European Welfare State Means a Stifling Burden for Middle-Class Taxpayers

The European Welfare State Means a Stifling Burden for Middle-Class Taxpayers

by Dan Mitchell | Aug 8, 2017 | Big Government, Blogs, Government Spending, Taxation

According to leftists like Bernie Sanders, European nations have wonderfully generous welfare states financed by high tax rates on the rich. They’re partly right. There are very large welfare states in Europe (though I wouldn’t use “wonderfully” and “generous” to...
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