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The Corrupt, Cronyist Export-Import Bank Was Not Re-Authorized, so Let’s Celebrate a (Hopefully Permanent) Victory over Corporate Welfare

by Dan Mitchell | Jul 2, 2015 | Big Government, Blogs, Economics

Advocates of economic liberty, free market, and small government haven’t enjoyed many victories in the 21st Century. Government got bigger and more expensive during Bush’s reign, starting in his first year with the No Bureaucrat Left Behind legislation and then ending...

Ending the Export-Import Bank’s Corporate Welfare Should Be a Gimme for the GOP

by Dan Mitchell | Mar 2, 2015 | Big Government, Blogs, Uncategorized, Welfare and Entitlements

In the grand scheme of things, the Export-Import Bank isn’t the worst government program or the one that most needs to be abolished. Entitlement programs are a far bigger threat to America’s long-run fiscal stability the Ex-Im Bank, with Medicaid serving as a...

Elizabeth Warren’s Faux Populism vs. Jeb Hensarling’s Genuine Fight against K Street Cronyism

by Dan Mitchell | Dec 16, 2014 | Big Government, Blogs

Let’s compare two politicians, Senator Elizabeth Warren of Massachusetts and Congressman Jeb Hensarling of Texas, to see which one actually has the courage to fight against powerful interest groups. We’ll start with Senator Warren. She portrays herself as the scourge...

Subsidized Terrorism Insurance: Another Example of Unjust Corporate Welfare

by Dan Mitchell | Dec 7, 2014 | Big Government, Blogs, Economics

When I discuss corporate welfare, my first example is usually the Export-Import Bank. It galls me that taxpayers are coerced into subsidizing some of the world’s biggest corporations. And since I’m an economist, I also don’t like how these subsidies undermine the...

The Odious Corruption Enabled by Big Government

by Dan Mitchell | Nov 24, 2014 | Big Government, Blogs

I’ve argued that the crowd in Washington profits by plundering America, but that’s just part of the equation. There are also plenty of big companies that have their snouts in the public trough. No wonder many people have become disgusted Writing for the Wall Street...
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