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The Economic Damage of Biden’s Fiscal Agenda

The Economic Damage of Biden’s Fiscal Agenda

by Dan Mitchell | Oct 10, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation

President Biden’s fiscal agenda of higher taxes and bigger government is not a recipe for prosperity. How much will it hurt the economy? Last month, I shared the results of a new study I wrote with Robert O’Quinn for the Club for Growth...
Biden’s Dishonest Budget Gimmickry

Biden’s Dishonest Budget Gimmickry

by Dan Mitchell | Oct 8, 2021 | Big Government, Blogs, Government Spending

Having been in Washington for close to 40 years, I’ve seen lots of budget dishonesty, but nothing compares to Joe Biden’s claim that his profligate budget proposals have zero cost. According to the official numbers, that’s a $3.5 trillion lie....
Biden’s Tax Hike: The Political Calculus and Economic Cost

Biden’s Tax Hike: The Political Calculus and Economic Cost

by Dan Mitchell | Oct 4, 2021 | Blogs, Taxation

There are lots of reasons (here are five of them) to dislike the version of the Biden tax hike that was approved by the tax-writing committee in the House of Representatives. From an economic perspective, it is bad for prosperity to penalize work,...
The Economic Damage of Biden’s Fiscal Agenda

Biden’s Economic Alchemy: $3.5 Trillion = Zero

by Dan Mitchell | Sep 28, 2021 | Big Government, Blogs, Government Spending

Last week, I wrote about a new study which estimates that Biden’s fiscal agenda of bigger government and higher taxes would reduce economic output by about $3 trillion over the next decade. Perhaps more relevant, that foregone economic...
Biden’s Tax Hike: The Political Calculus and Economic Cost

Measuring the Economic Damage of the Biden Fiscal Plan

by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation

More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
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