by Dan Mitchell | Jun 19, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
The Social Security Administration has released the yearly forecast of the program’s long-run finances. Per tradition (see 2024, 2023, 2022, 2021, 2020, etc), that means it is time for my annual explanation of why we have a grim...
by Dan Mitchell | Jun 18, 2025 | Blogs, Economics
I wrote about Iran’s awful economic policy three years ago, but let’s revisit the issue now that it is back in the news. But instead of citing Economic Freedom of the World to show Iran’s bad policy, let’s look this time at a visual from...
by Dan Mitchell | Jun 16, 2025 | Blogs, Economics, Trade
When I give speeches about Trump’s protectionism, the most-common question I get is about the impact on jobs (it’s a net job destroyer). In the past month or two, however, I’m getting more questions about protectionism and inflation....
by Dan Mitchell | Jun 15, 2025 | Blogs, Economics, Tax Competition, Taxation
What’s the world’s most sure-to-fail policy (as opposed to the world’s most sure-to-fail system, such as socialism)? There are some crazy possibilities, ranging from grandiose schemes such as modern monetary policy to goofy little proposals such...
by Dan Mitchell | Jun 12, 2025 | Big Government, Blogs
One of the most unfortunate features of Trump’s Big Beautiful Bill is that it expands the deduction for state and local taxes, thus weakening one of the best provisions of the 2017 tax package. This is bad news since it is foolish to have a...