by Dan Mitchell | Jul 30, 2019 | Big Government, Blogs, Government Spending
I point out in this interview that the 2011 Budget Control Act (BCA) was the only big victory for taxpayers this century. It imposed spending caps on discretionary spending and led to a sequester in early 2013, which was Barack Obama’s biggest defeat. The bad news is...
by Dan Mitchell | Jul 27, 2019 | Blogs, Trade
As I explained last year, Trump is right and wrong about China and trade. He’s correct that China doesn’t play fair, but he mistakenly fixates on the trade deficit rather than going after China’s subsidies and cronyism. And, as I note in this brief interview from...
by Dan Mitchell | Jul 22, 2019 | Blogs, Government Spending, Government Waste
Way back in early 2016, I asked whether Donald Trump believed in smaller government. A few months later, I concluded that the answer was no. Trump – like Bush and Nixon – was a big-government Republican. I wish that I was wrong. But if you look at the budget deal he...
by Dan Mitchell | Jul 6, 2019 | Blogs, Economics
When comparing the Obama economy and the Reagan economy, I often used a database from the Minneapolis Federal Reserve that compared jobs and growth data during business cycles. That made sense since both presidents had an economic expansion that began relatively early...
by Dan Mitchell | Jun 30, 2019 | Big Government, Blogs, Economics, Regulations
When I assess President Trump’s economic policy, I generally give the highest grade to his tax policy. But as I pointed out in this interview from last year, there’s also been some progress on regulatory policy, even if only in that the avalanche of red tape we were...
