by Dan Mitchell | Feb 23, 2016 | Blogs, Economics, Socialism
Which group has suffered the most because of Obamanomics? That’s hard to answer. We know that the average family has less income today than when Obama took office. If we want to narrow things down, we know that blacks have endured hardship because of a weak economy....
by Dan Mitchell | Feb 22, 2016 | Blogs, Economics
Folks on the left tell us that they want to help the less fortunate. I sometimes wonder if their real motive is to penalize success and punish the “rich,” but let’s be charitable and assume that many of them truly wish to help the poor. That’s a noble sentiment, to be...
by Dan Mitchell | Feb 21, 2016 | Blogs, Health Care
I wrote last June about an unfortunate British guy who, after his leg was broken by thieves, was told by the government that his injury wasn’t serious enough for an ambulance. The poor chap eventually was driven home by some cops and then had to take an Uber to the...
by Dan Mitchell | Feb 20, 2016 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
Greece is special, though not in a good way. The nation has such a pro-welfare mentality that pedophiles get disability benefits. And the regulatory mindset is so nutty that you need to submit a stool sample if you want to create an online company. While those are...
by Dan Mitchell | Feb 19, 2016 | Big Government, Blogs, Economics, Government Spending
I don’t know whether Keynesian economics is best described as a perpetual motion machine or a Freddy Krueger movie (or perhaps even the man behind the curtain in the Wizard of Oz), but it’s safe to say I’ll be fighting this pernicious theory until my last breath....
