by Dan Mitchell | Dec 30, 2018 | Blogs, Economics, Taxation, Trade
I periodically try to remind people that you can’t explain or understand economic performance by looking at just one policy. I’ve argued, for instance, good tax policy isn’t a panacea if there are many other policies that expand the burden of government. Likewise, bad...
by Dan Mitchell | Dec 29, 2018 | Blogs, Free Market, Trade
President Trump’s view of global trade is so bizarre, risky, uninformed, misguided, and self-destructive that I periodically try to maintain my sanity by reviewing the wisdom of one of America’s greatest presidents. Ronald Reagan’s remarks in 1985 about the...
by Dan Mitchell | Dec 28, 2018 | Big Government, Blogs, Economics, Government Spending
In this interview yesterday, I noted that there are “external” risks to the economy, most notably the spillover effect of a potential economic implosion in China or a fiscal crisis in Italy. But many of the risks are homegrown, such as Trump’s self-destructive...
by Dan Mitchell | Dec 7, 2018 | Blogs, Trade
Both Barack Obama and Hillary Clinton have said really foolish things, but Donald Trump may have set a new record for economic illiteracy with this tweet. ….I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them...
by Dan Mitchell | Nov 26, 2018 | Blogs, Economics
During his final days in office, I gave a thumbs-down assessment of Barack Obama’s presidency. Simply stated, he increased the burden of government during his tenure, and that led to anemic economic numbers. Now the economy seems to be doing a bit better, which is...