by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 21, 2023 | Big Government, Blogs, Economics
Russia’s government has been appropriately criticized for invading Ukraine, but let’s focus today on Putin’s economic mismanagement. I’m motivated by this tweet from a professor at the University of Chicago. He points out that Russians were richer than...
by Dan Mitchell | Sep 19, 2023 | Big Government, Blogs
Chicago has long been infamous for graft and corruption, but it had a reputation for at least being functional. That’s not the case today. The city already is ranked in the bottom 10 for economic liberty and local politicians seem determined to pass NYC, LA,...
by Dan Mitchell | Sep 18, 2023 | Big Government, Blogs
I first became interested in public policy in the 1970s because of Ronald Reagan and his uplifting message about unleashing America’s economy by getting government out of the way. There were plenty of establishment types inside the...
by Dan Mitchell | Sep 13, 2023 | Blogs, Economics
I’ve repeatedly explained (last July, last September, and this July) that Biden’s biggest economic problem is that wages are losing ground after adjusting for inflation. The same thing is true when looking at overall household income. The Census Bureau just...
