by Dan Mitchell | Dec 28, 2025 | Blogs, Economics, Featured, Trade
I don’t agree with Donald Trump’s view that trade deficits are bad. Why? Because I understand that a trade deficit is merely the flip side of a capital surplus. In other words, when foreigners earn dollars, they often think investing in the...
by Dan Mitchell | Dec 22, 2025 | Blogs, Economics
During the Biden years, I cited various data sources to show that his statist policies were hurting ordinary people. Employment-Cost Index Median Household Income Real Earnings But my criticisms were not based on partisanship. I praise both Republicans and...
by Dan Mitchell | Dec 9, 2025 | Blogs, Trade
Back in 2018, I wrote about Trump’s foolish protectionism backfiring against American farmers. But rather than reverse the mistake of higher taxes on trade, Trump decided to take more money from taxpayers and give it to farmers. This was a tragic...
by Dan Mitchell | Nov 20, 2025 | Blogs, Economics, Trade
Trump does not understand trade. But he is effective at imposing bad trade policy, as captured by this tweet. And why did Trump impose that bad trade policy? Because he mistakenly thinks trade deficits are bad. So have his big trade taxes lowered...
by Dan Mitchell | Nov 19, 2025 | Big Government, Blogs, Bureaucracy, Education
Let’s start today’s column with this reminder from John Stossel that federal involvement in education has produced bad outcomes and that the Department of Education should be abolished. The good news is that President Trump does not like that bureaucracy. He’s...
