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Census Bureau Income Data: Four Years, No Progress

Census Bureau Income Data: Four Years, No Progress

by Dan Mitchell | Sep 11, 2024 | Blogs, Economics

I’ve repeatedly cited monthly data from the Labor Department to show that workers have struggled during the Biden-Harris years because inflation has increased faster than wages. Those monthly numbers specifically show that workers...
Grading Draghi’s Competitiveness Report: A Dismal D

Grading Draghi’s Competitiveness Report: A Dismal D

by Dan Mitchell | Sep 10, 2024 | Big Government, Blogs, Europe

Less than two weeks ago, I wrote about anemic economic performance in Europe. So I was very interested to see that the European Commission just issued a report about improving European Competitiveness. Spearheaded by Mario Draghi, the former...
The IRS Magic-Money Tree Bears Little Fruit

The IRS Magic-Money Tree Bears Little Fruit

by Dan Mitchell | Sep 9, 2024 | Big Government, Blogs

I’ve been arguing for a long time that we need tax simplification rather than a bigger budget for the IRS. The clowns in Washington have a different perspective, however, and they approved the Biden-Harris plan to dramatically...
Rent Control: Learning from Argentina and the Netherlands

Rent Control: Learning from Argentina and the Netherlands

by Dan Mitchell | Sep 8, 2024 | Big Government, Blogs, Economics

I periodically explain that the world is a laboratory, filled with experiments that teach (or should teach) that we get more prosperity with free markets and limited government. Today, let’s look at the global laboratory and see what it teaches us...
The 2024 IEF: Two Cheers for Western Civilization

The 2024 IEF: Two Cheers for Western Civilization

by Dan Mitchell | Sep 7, 2024 | Blogs, Economics, Europe, Free Market

It’s an annual tradition (2023, 2022, 2021…all the way back to 2010) to write about the Heritage Foundation’s Index of Economic Freedom. Since most people care about relative rankings, I’ll start with a look at the 25 nations that have the most...
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