by Dan Mitchell | Jan 23, 2021 | Big Government, Blogs, Government Spending
I have relentlessly criticized Republicans in recent years for being profligate big spenders. But I have some good news. The GOP is finding religion and is once again fretting about big government. The bad news is that many of them are total...
by Dan Mitchell | Jan 21, 2021 | Blogs, Taxation
I’ve shared three reasons why Biden’s tax plan is misguided (the tax code is biased against rich taxpayers, the tax hike would have Laffer-Curve implications, and it would saddle America with the world’s highest corporate tax burden). For Part...
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 | Dec 10, 2020 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Back in 2015, just five years ago, it seemed like entitlement reform might happen. Republicans in the House and Senate voted for budgets based on much-needed changes to Medicare and Medicaid. That was only a symbolic step with Obama in the White House, to be sure, but...