by Dan Mitchell | Feb 23, 2024 | Big Government, Blogs, Economic Growth
In various ways (hourly wages, total compensation, household income, earnings growth), I’ve pointed out that falling living standards have been the biggest downside of Biden’s economic policies. Simply stated, inflation has been rising faster than...
by Dan Mitchell | Feb 22, 2024 | Big Government, Blogs, Government Spending
I was very optimistic about the United Kingdom less than five years ago. The Conservative Party had just won a landslide election and that presumably would lead to an acceptable form of Brexit, followed by some form of Singapore-on-Thames. Well, the...
by Dan Mitchell | Feb 11, 2024 | Big Government, Blogs, Government Spending
Three days ago, I explained that modest spending restraint could solve America’s fiscal problems. In today’s column, let’s expand on that topic. We’ll start with this clip from a recent interview. If you don’t want to spend a couple of minutes watching...
by Dan Mitchell | Feb 7, 2024 | Big Government, Blogs, Government Spending
I’ve written many columns about Venezuela, Chile, and Argentina, but only one column specifically about Mexico. Since I’m currently in Mexico City doing some meetings and research about Mexico’s economic policy, time to make up for that lack...
by Dan Mitchell | Jan 30, 2024 | Blogs, Taxation, VAT
I wrote 10 days ago about why a value-added tax would be a mistake for the United States. To help reinforce that argument, here’s a new map from the Tax Foundation showing VAT rates on the other side of the Atlantic Ocean. With a few exceptions...
