by Dan Mitchell | Sep 11, 2024 | Blogs, Economics
I’ve repeatedly cited monthly data from the Labor Department to show that workers have struggled during the Biden-Harris years because inflation has increased faster than wages. Those monthly numbers specifically show that workers...
by Dan Mitchell | Aug 17, 2024 | Big Government, Blogs
In the words of Yogi Berra, the 2024 presidential race is “Deja vu all over again.” Except it is Kamala Harris and Donald Trump competing to make government bigger instead of Hillary Clinton and Donald Trump doing the same thing. Harris and Trump both...
by Dan Mitchell | Aug 6, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
During his time in the White House, Donald Trump pursued very good tax policy and very bad spending policy. So if he wins a second term, one would hope he maintains his approach on taxes and changes his approach on spending. Unfortunately, he is doing...
by Dan Mitchell | Aug 2, 2024 | Big Government, Blogs, Government Spending
In the pre-Trump era, I used to ask whether Republicans were fiscally responsible Reaganites or big-spending Bushies. In recent years, the question has become whether the GOP is a small-government Reagan party or a big-government Trump party....
by Dan Mitchell | Aug 1, 2024 | Big Government, Blogs, Economics, Welfare and Entitlements
Since both Kamala Harris and Donald Trump want government to be a bigger burden, there is zero chance of entitlement reform in the next four years. But that doesn’t change the fact that personal retirement accounts would be an...