by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...
by Dan Mitchell | Aug 25, 2019 | Big Government, Blogs, Regulations
When I wrote last month about the Green New Deal, I warned that it was cronyism on steroids. Simply stated, the proposal gives politicians massive new powers to intervene and this would be a recipe for staggering levels of Solyndra-style corruption. Well, the World...
by Dan Mitchell | Apr 4, 2019 | Big Government, Blogs
Even though I (correctly) doubted the Trump Administration’s sincerity, I applauded proposed reductions in foreign aid back in 2017. I very much want to reduce poverty in poor nations, of course, but the evidence is very strong that government handouts don’t do a very...
by Dan Mitchell | Dec 14, 2018 | Blogs, Economics, Taxation
Since I’m a proponent of tax reform, I don’t like special favors in the tax code. Deductions, exemptions, credits, exclusions, and other preferences are back-door forms of cronyism and government intervention. Indeed, they basically exist to lure people into making...
by Dan Mitchell | Dec 9, 2018 | Big Government, Blogs, Bureaucracy
I periodically will make use of “most depressing” in the title of a column when sharing bad news. And new data from the Census Bureau definitely qualifies as bad news. It confirms what I’ve written about how the Washington region has become the richest part of...
