by Dan Mitchell | Mar 4, 2025 | Big Government, Blogs, Government Spending
It is clear that Donald Trump’s worst policy is protectionism, but his silliest policy is more difficult to identify. Today, let’s consider two possible choices: Have the federal government borrow more money to create a “sovereign wealth fund.” Have the federal...
by Dan Mitchell | Jan 19, 2025 | Big Government, Blogs
This is the last full day of Joe Biden’s dismal presidency, so let’s do what we did with Justin Trudeau and reflect on his pathetic legacy. I’ve already provided my own economic assessment of Biden’s record, so now let’s review how he is seen by...
by Dan Mitchell | Dec 2, 2024 | Blogs
I like profits. But let me qualify that statement. I like profits that are the result of businesses providing goods and services that consumers value. Those profits are earned. By contrast, I don’t like it when businesses get in bed with government and...
by Dan Mitchell | Jul 21, 2023 | Big Government, Blogs
In a two-part series back in 2020 (here and here), I analyzed the unseemly behavior of politicians. For Part III of that series, let’s start with my CNBC discussion earlier this week about insider trading by lawmakers. The interview focused on legislation...
by Dan Mitchell | Jun 16, 2023 | Big Government, Blogs
I gladly defend profits. I even defend profits for big companies. But I usually include an all-important caveat that profits are only good if earned in a competitive marketplace. At the risk of understatement, I get angry when big companies...
