by Dan Mitchell | Oct 5, 2023 | Big Government, Blogs, States
In our series on red states vs blue states, we’ve examined different economic variables. Part I: Economic growthPart II: Unemployment ratesPart III: Employment growth Today, let’s add another comparison. Here’s a map looking at 2022 income growth by...
by Dan Mitchell | Oct 4, 2023 | Big Government, Blogs
I am not bullish about China’s economy. Even 10 or more years ago, when many people thought China was going to be the economic superpower of the 21st century, I poured cold water on those predictions. Simply stated, China suffers from too...
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,...
