by Dan Mitchell | Jan 13, 2016 | Blogs, Economics, Health Care
Even before it was enacted, it was obvious that Obamacare was going to have a negative economic impact. From a fiscal policy perspective, the law was bad news because all the new spending and higher taxes increased the fiscal burden of government. From a regulatory...
by Dan Mitchell | Jan 12, 2016 | Blogs, Economics, Free Market
The long-term trend in China is positive. Economic reforms beginning in the late 1970s have helped lift hundreds of millions of people out of abject poverty. And thanks to decades of strong growth, living standards for ordinary Chinese citizens are far higher than...
by Dan Mitchell | Jan 10, 2016 | Big Government, Blogs, Economics
I wouldn’t be completely distraught to have Clinton in the White House in 2017. But before concluding that I’ve lost my mind, I’m thinking of Bill Clinton, not hisfar more statist (though similarly dodgy) spouse. You’ll see what I mean below. In a column for National...
by Dan Mitchell | Jan 6, 2016 | Blogs, Flat Tax, Taxation
When I compared the tax reform proposals of various 2016 presidential candidates last month, Ben Carson got the best grade by a slight margin. But I’ve now decided to boost his overall grade from a B+ to A-, or perhaps even A, because he’s finally released details and...
by Dan Mitchell | Jan 4, 2016 | Big Government, Blogs, Economics
I remember feeling like an outlier a few years ago when so many people were waxing rhapsodic about a glowing economic outlook for Brazil, Russia, India, China, and South Africa. These so-called BRICS nations were enjoying some decent growth at the time, but I was not...