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A Growing Consensus for Spending Caps and the MAP Act

by Dan Mitchell | Oct 23, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Republicans are probably going to surrender on spending caps, thus allowing Obama to reverse his biggest-ever defeat. Moreover, GOPers almost surely will get nothing in exchange for raising the debt limit, thus squandering an opportunity to limit profligacy in...
A Nordic Nightmare for Bernie Sanders

A Nordic Nightmare for Bernie Sanders

by Dan Mitchell | Oct 21, 2015 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements

Whenever there’s a discussion of the Nordic nations, I feel conflicted. I don’t like the punitively high tax rates and socially destructive levels of redistribution in nations such as Denmark, but I also admire the very laissez-faire policies those countries have when...

A Much-Needed Economics, Math, and Logic Lesson for the New York Times

by Dan Mitchell | Oct 20, 2015 | Blogs, Economics, Taxation

More than two years ago, I cited some solid research from the Tax Foundation to debunk some misguided analysis from the New York Times about the taxation of multinational companies. Well, it’s déjà vu all over again, as the late Yogi Berra might say. That’s because we...
The EITC: Washington’s Fastest-Growing Form of Income Redistribution

The EITC: Washington’s Fastest-Growing Form of Income Redistribution

by Dan Mitchell | Oct 16, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Federal government redistribution programs don’t work. We’ve ignored the lessons of history about the dangers of government intervention, so is it any mystery that we now have millions of people mired in dependency. Yet some people in Washington want to double down on...
Recycling: The Triumph of Feel-Goodism over Common Sense

Recycling: The Triumph of Feel-Goodism over Common Sense

by Dan Mitchell | Oct 6, 2015 | Blogs, Economics

Since it’s basically a way of protecting property rights, environmental protection is a legitimate function of government. That’s the easy part. It gets a lot harder when calculating costs and benefits. Everyone surely agrees that a chemical company shouldn’t be able...
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