by Dan Mitchell | Apr 1, 2021 | Blogs, Taxation
I have a four-part series (here, here, here, and here) about the conceptual downsides of Joe Biden’s class-warfare approach to tax policy. Now it’s time to focus on the component parts of his agenda. Today’s column will review his plan for a big...
by Dan Mitchell | Mar 29, 2021 | Big Government, Blogs, Government Spending
I get asked why I frequently criticize Republicans. My response is easy. I care about results rather than rhetoric. And while GOP politicians often pay lip service to the principles of limited government, they usually increase spending even...
by Dan Mitchell | Mar 28, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
According to data on jobs and growth, President Obama’s so-called stimulus was a failure. But at least politicians and bureaucrats were able to concoct new and clever ways to waste money. Including research grants to interview people about their sexual...
by Dan Mitchell | Mar 23, 2021 | Big Government, Blogs
I’ve been warning that the United States should not copy Europe’s fiscal policy, largely because living standards are significantly lower in nations with large welfare states. That’s true if you look at average levels of consumption in...
by Dan Mitchell | Mar 22, 2021 | Blogs, Economics, Taxation
As part of a video debate last year (where I also discussed wealth taxation, poverty reduction, and the inadvisability of tax increases), I pontificated on the negative economic impact of class-warfare taxation. To elaborate, I’m trying to help people understand why...