by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...
by Dan Mitchell | Sep 8, 2019 | Blogs, Trade
At the risk of understatement, I’ve been rather critical of Trump’s protectionism. But not always. Last year, I praised him for floating the idea of zero taxes on trade between nations (even if I didn’t think he was serious). And I point out in this interview that he...
by Dan Mitchell | Aug 23, 2019 | Blogs, Economics, Taxation, Trade
I wrote two days ago about how the White House is contemplating ideas to boost the economy. This is somewhat worrisome since “stimulus” plans oftentimes are based on Keynesian economics, which has a terrible track record. But there are policies that could help growth...
by Dan Mitchell | Aug 16, 2019 | Big Government, Blogs
When I talked to CNBC on Wednesday, I was very critical of Trump and other Republicans for promoting protectionism, Keynesian monetary policy, and wasteful spending. Yes, I give Trump and the GOP credit for improvements in regulatory policy and tax policy. And I used...
by Dan Mitchell | Aug 6, 2019 | Blogs, Economics, Trade
In this interview with Fox Business, I make my usual points (trade barriers are misguided, China is protectionist, Trump’s not responding wisely, etc). For today’s column, though, I want to discuss who actually bears the burden of Trump’s trade taxes. All of us...