by Dan Mitchell | Jul 31, 2022 | Big Government, Blogs, Government Spending
One of the best things about 2021 was the fact that Congress did not approve Joe Biden’s economically debilitating plan to raise taxes and expand the welfare state. His so-called Build Back Better plan was a very bad mix of class-warfare tax...
by Dan Mitchell | Nov 8, 2021 | Big Government, Blogs, Welfare and Entitlements
Back in 2017, I shared my Second Theorem of Government to warn why it is so important to resist new government giveaway programs. And I used Obamacare as a costly example. Simply stated, it’s much easier to block new handouts than it is to take...
by Dan Mitchell | Oct 30, 2021 | Big Government, Blogs, Welfare and Entitlements
During his 2012 reelection campaign, Barack Obama created a fictional character named Julia and showed how she could mooch off taxpayers from cradle to grave. Given Biden’s reputation as a plagiarizer, I guess we shouldn’t be surprised that the...
by Dan Mitchell | Sep 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements
Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
