by Dan Mitchell | Jul 27, 2016 | Blogs, Economics
It’s very risky to trust the promises made by politicians. But at least there’s a potential downside when they break their word. President George H.W. Bush lost the 1992 election, for instances, after violating his read-my-lips, no-tax-hike promise. So I think it’s...
by Dan Mitchell | Jul 26, 2016 | Blogs, Uncategorized
I have a Bureaucrat Hall of Fame to publicize civil servants who manage to get wildly over-paid while being notoriously under-worked. And I have a Moocher Hall of Fame to identify welfare recipients who have displayed special skills in living off the labor of other...
by Dan Mitchell | Jul 25, 2016 | Blogs, Economics, Free Market
I’m in Shenyang, China, as part of the faculty for Northeastern University’s International Economics and Management program. My primary role is to talk about the economics of fiscal policy, explaining the impact of both taxes and spending. But regular readers already...
by Dan Mitchell | Jul 24, 2016 | Blogs, Uncategorized
I periodically get asked who should be in the White House. Since I’m a policy wonk rather than a political pundit, I generally sidestep the question. Though it probably isn’t too hard to figure out my preference if you peruse what I’ve written about previous...
by Dan Mitchell | Jul 23, 2016 | Big Government, Blogs, Europe
The United States is laboring through the weakest economic recovery since the Great Depression. Median household income is stagnant and labor-force participation is dismal. Sounds awful, right? Compared to the strong growth of the pro-market Reagan years and...
