by Dan Mitchell | Jan 26, 2021 | Blogs, Economics
I rarely write about media bias, but I sometimes come across stories that cry out for correction because of blatant inaccuracies. The New York Times asserting that government schools are “starved of funding” when taxpayer subsidies actually have...
by Dan Mitchell | Jan 20, 2021 | Big Government, Blogs, Economics, Regulations, Trade
Since both political parties have sent good and bad people to the White House, I don’t think it makes much sense to compare all Democratic presidents vs all Republican presidents. But we can learn a lot by looking at the track record of specific presidents....
by Dan Mitchell | Jan 11, 2021 | Blogs, Economics
I have repeatedly warned that nations get in fiscal trouble when government is too big and growing too fast. In such countries, it’s very common to find high levels of government debt as one of the symptoms of excessive spending. This can create the conditions for a...
by Dan Mitchell | Jan 8, 2021 | Big Government, Blogs, Economics
For supporters of sensible policy, 2008 was not a good year. The economy suffered a big drop thanks to bad government policies (easy-money from the Federal Reserve and corrupt housing subsidies from Fannie Mae and Freddie Mac). So what did politicians do? Sadly, they...
by Dan Mitchell | Jan 7, 2021 | Blogs, Capital Gains, Economics, Taxation
A “capital gain” occurs when you buy something and later sell it for a higher price. A capital gains tax is when politicians decide they get to grab a slice of that additional wealth. I’ve repeatedly explained that it is economically foolish to have such a tax because...
