by Dan Mitchell | Feb 24, 2016 | Blogs, Economics
James Pethokoukis of the American Enterprise Institute has an intriguing idea. Instead of a regular debate, he would like presidential candidates to respond to a handful of charts from the recent Economic Report of the President that supposedly highlight very...
by Dan Mitchell | Feb 23, 2016 | Blogs, Economics, Socialism
Which group has suffered the most because of Obamanomics? That’s hard to answer. We know that the average family has less income today than when Obama took office. If we want to narrow things down, we know that blacks have endured hardship because of a weak economy....
by Dan Mitchell | Feb 22, 2016 | Blogs, Economics
Folks on the left tell us that they want to help the less fortunate. I sometimes wonder if their real motive is to penalize success and punish the “rich,” but let’s be charitable and assume that many of them truly wish to help the poor. That’s a noble sentiment, to be...
by Dan Mitchell | Feb 20, 2016 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
Greece is special, though not in a good way. The nation has such a pro-welfare mentality that pedophiles get disability benefits. And the regulatory mindset is so nutty that you need to submit a stool sample if you want to create an online company. While those are...
by Dan Mitchell | Feb 19, 2016 | Big Government, Blogs, Economics, Government Spending
I don’t know whether Keynesian economics is best described as a perpetual motion machine or a Freddy Krueger movie (or perhaps even the man behind the curtain in the Wizard of Oz), but it’s safe to say I’ll be fighting this pernicious theory until my last breath....
