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It Is Good that Trump Will Increase the Trade Deficit

It Is Good that Trump Will Increase the Trade Deficit

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...
Cronyism Is Bad, Regardless of Which Party Is in Charge

Cronyism Is Bad, Regardless of Which Party Is in Charge

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...
A Second Edition of Trump: Three Hopes, Three Fears

A Second Edition of Trump: Three Hopes, Three Fears

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...
Republican Budget Games: Will They Join Democrats to Punt the Debt Limit?

Republican Budget Games: Will They Join Democrats to Punt the Debt Limit?

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...
Republican Budget Games

Republican Budget Games

by Dan Mitchell | Jan 4, 2025 | Big Government, Blogs, Government Spending

Donald Trump played Santa Claus in his first term, with both tax cuts and big spending increases. Unsurprisingly, he wants to play Santa Claus in his second term as well. But he faces a couple of big challenges. First, as I wrote about two...
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