by Dan Mitchell | Apr 14, 2025 | Big Government, Blogs, Government Spending, Government Waste
I’m a fan of Elon Musk’s Department of Government Efficiency (DOGE) because we desperately need spending restraint. I’ve even offered a few suggestions of how to save money. Federalism OECD subsidies Government media Air traffic control Redistribution Time will...
by Dan Mitchell | Apr 6, 2025 | Blogs, Trade
When I spoke earlier this year at the Universidad de Libertad in Mexico City, I explained why Trump’s trade policy is mistaken (confirmed on “Liberation Day“). But I acknowledged near the end that there might be some exceptions to free trade....
by Dan Mitchell | Apr 3, 2025 | Blogs, Trade
Based entirely on his profound illiteracy about trade balances (explained Tuesday and Wednesday), President Trump has unilaterally imposed one of the largest tax increases in American history. Rather than engage in lengthy analysis, all of which would...
by Dan Mitchell | Apr 2, 2025 | Blogs, Trade
I shared data yesterday showing how and why trade deficits don’t matter. Moreover, I shared data showing that countries with higher taxes on imports usually have higher trade deficits. Unfortunately, Trump and his team don’t understand trade. Instead,...
by Dan Mitchell | Apr 1, 2025 | Blogs, Trade
I’ve repeatedly shared a chart showing that a trade deficit is merely the flip side of an investment surplus. But that chart had data through 2017, so let’s look at a new version of the chart, courtesy of the Tax Foundation....
