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Blame Washington for the Great Depression, Part II

Blame Washington for the Great Depression, Part II

by Dan Mitchell | Nov 19, 2024 | Big Government, Blogs, Economics

With regards to economic policy, Herbert Hoover and Franklin Roosevelt were two peas in a pod. They both responded to an economic downturn by dramatically expanding the size and scope of government. As a result of those mistakes, they...
The IMF’s Fairy-Dust Economic Policy

The IMF’s Fairy-Dust Economic Policy

by Dan Mitchell | Nov 15, 2024 | Big Government, Blogs

I was going to continue my Second-Edition-of-Trump series (see here, here, here, and here) by writing about what to expect with regards to trade (pessimistic) and then taxes (optimistic). But I’m shifting gears today because the bureaucrats at the...
A Second Edition of Trump: Will He Control Government Spending?

A Second Edition of Trump: Will He Control Government Spending?

by Dan Mitchell | Nov 12, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements

During his first term, Donald Trump did not do a good job on government spending. Instead of draining the swamp, he expanded it. The most damning evidence is that he increased domestic spending at a faster rate than Barack Obama. And that’s not even...
A Second Edition of Trump: Will He Reduce the Number of Bureaucrats?

A Second Edition of Trump: Will He Reduce the Number of Bureaucrats?

by Dan Mitchell | Nov 11, 2024 | Big Government, Blogs, Bureaucracy

Much to my surprise, the United States is going to have a second Trump presidency. To assess what that means, especially considering his mixed performance during his first four years, I’m going to write a series of columns about the potential policy...
Government: Bloated but Fixable

Government: Bloated but Fixable

by Dan Mitchell | Nov 4, 2024 | Big Government, Blogs, Education, Health Care, Welfare and Entitlements

To augment my four-part series on the economics of government spending, here’s a video from Prager University explaining how big government doesn’t work. The video, narrated by Professor Joshua6 Rauh of Stanford, highlights three major types of spending and...
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