by Dan Mitchell | Nov 29, 2025 | Blogs, Economics, Health Care, Welfare and Entitlements
Way back in 2009, I cited a very good article in The American Spectator in hopes of getting people to understand that the United States does not have a capitalist health care system (and I’ve...
by Dan Mitchell | Nov 28, 2025 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
I often get asked when the United States will suffer a Greek-style fiscal crisis. My answer is always “I don’t know,” though I freely admit we are heading in that direction. My lack of specificity isn’t merely because economists are lousy...
by Dan Mitchell | Nov 21, 2025 | Blogs, Economics, Taxation
Honest leftists (the “Okunites“) generally acknowledge that laissez-faire policies deliver more growth, but they nonetheless favor high taxes and redistribution because they argue that social equality matters a lot. However, according to this chart, there’s...
by Dan Mitchell | Nov 20, 2025 | Blogs, Economics, Trade
Trump does not understand trade. But he is effective at imposing bad trade policy, as captured by this tweet. And why did Trump impose that bad trade policy? Because he mistakenly thinks trade deficits are bad. So have his big trade taxes lowered...
by Dan Mitchell | Nov 16, 2025 | Blogs, Economics, Trade
There are five contestants so far for the 2025 counter-tweet of the year. Slapping down a leftist who wanted people to think freebies are the route to political success. Slapping down a leftist who wanted people to think capitalism is correlated with poverty. Slapping...
