by Dan Mitchell | Feb 1, 2025 | Blogs, Trade
Taxes are bad for growth and government intervention is bad for growth. Protectionism is a combination of those two bad policies. Government takes more of our money and does so in a way that allows politicians to distort the economy. But, unlike in...
by Dan Mitchell | Jan 25, 2025 | Blogs, Trade
In Trump’s fourth year in the White House, back in early 2020, I wrote that the trade deficit was rising because the economy was doing well. I specifically observed in that column that “the trade deficit is increasing in large part because Trump’s...
by Dan Mitchell | Jan 22, 2025 | Big Government, Blogs
Regular readers know I have a skeptical attitude about Donald Trump. His first term was a mix of good and bad policies and I expect a similar jumble of good and bad policies in his second term. Consider, for instance, the commonly held...
by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations
Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
by Dan Mitchell | Jan 15, 2025 | Big Government, Blogs, Government Spending
My recent book explains that we are stumbling our way to a fiscal crisis. If there’s any hope of avoiding a disaster, it will probably happen when and if good members of Congress (a vanishing breed) refuse to allow an increase in the debt...
