by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care
Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...
by Dan Mitchell | Jan 12, 2016 | Blogs, Economics, Free Market
The long-term trend in China is positive. Economic reforms beginning in the late 1970s have helped lift hundreds of millions of people out of abject poverty. And thanks to decades of strong growth, living standards for ordinary Chinese citizens are far higher than...
by Dan Mitchell | Jan 11, 2016 | Big Government, Blogs, Government Spending
I’ve written about how statist policies help the rich and hurt the poor. And I’ve also pontificated on the destructive and foolish subsidies dispensed by the execrable Department of Agriculture. Now let’s mix those two issues (though I hasten to add that this isn’t...
by Dan Mitchell | Jan 10, 2016 | Big Government, Blogs, Economics
I wouldn’t be completely distraught to have Clinton in the White House in 2017. But before concluding that I’ve lost my mind, I’m thinking of Bill Clinton, not hisfar more statist (though similarly dodgy) spouse. You’ll see what I mean below. In a column for National...
by Dan Mitchell | Jan 9, 2016 | Big Government, Blogs
Okay, the title for today’s column is a bit grandiose. It implies weighty and ponderous analysis of America’s ever-growing entitlement state and potentially dour predictions about when we reach a tipping point of too much dependency. But let’s focus on the short run,...