by Dan Mitchell | Jul 16, 2020 | Blogs, Economics, Socialism
Not all bad city governments are alike. In places like Chicago, local politicians generally impose bad policy because they’re buying votes (especially the votes of bureaucrats), not because they’re motivated by ideology. But as you can see from this video, some...
by Dan Mitchell | Jul 11, 2020 | Big Government, Blogs
I’ve already written that state governments shouldn’t get a bailout from Washington. Today, let’s specifically focus on California, a beautiful state that – as explained in this video – is being ruined by an even-worse-than-average collection of politicians. This...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....
by Dan Mitchell | May 2, 2020 | Blogs, Taxation
What’s the most poorly governed city in the United States? San Francisco, where there are “poop patrols“? Chicago, which is spending itself into oblivion? New York City, home of America’s worst mayor? Those are all good options, but Seattle may deserve this award....
by Dan Mitchell | Apr 25, 2020 | Blogs
At the risk of understatement, I’m not a fan of the International Monetary Fund (IMF). The international bureaucracy is the “Johnny Appleseed” of moral hazard, using bailouts to reward profligate governments and imprudent lenders. The IMF also is infamous for...
