by Dan Mitchell | Feb 5, 2014 | Blogs, Economic Growth, Economics
Looking at labor markets, my biggest concern is the drop in labor force participation. The data from the Labor Department on the employment-population ratio, for instance, suggest a permanent reduction in the share of the population that is working. And since economic...
by Dan Mitchell | Feb 1, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
Early last year, with the sequester about to begin, President Obama stated that “these cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the unemployment rolls.” He made this statement...
by Dan Mitchell | Jan 30, 2014 | Big Government, Blogs, Government Spending, Taxation
Self awareness is supposed to be a good thing, so I’m going to openly acknowledge that I have an unusual fixation on the size of government. I don’t lose a wink of sleep thinking about deficits, but I toss and turn all night fretting about the overall burden of...
by Dan Mitchell | Jan 22, 2014 | Big Government, Blogs, Economics
What’s the best state in America? I’m not sure I can answer that broad question, but I can address the more narrow issue of which state has the most economic freedom. Last month, for instance, I shared some data from the Canada-based Fraser Institute which showed that...
by Dan Mitchell | Jan 21, 2014 | Big Government, Blogs, Economics
A bunch of well-connected rich people and government officials are descending upon Switzerland for the annual World Economic Forum meeting in Davos. This upsets many people, and perhaps with some justification. After all, bad things often happen when big business and...
