by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations
Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
by Dan Mitchell | Jan 17, 2025 | Big Government, Blogs, Free Market, Government Spending
Vietnam’s economic trajectory is similar to China’s. Horrible poverty and even starvation (in the case of China) during the days of hard-core communism. Less poverty today thanks to a few pro-market reforms starting in the 1980s. Still low-to-middle income...
by Dan Mitchell | Jan 15, 2025 | Big Government, Blogs, Government Spending
My recent book explains that we are stumbling our way to a fiscal crisis. If there’s any hope of avoiding a disaster, it will probably happen when and if good members of Congress (a vanishing breed) refuse to allow an increase in the debt...
by Dan Mitchell | Jan 5, 2025 | Big Government, Blogs, Government Spending
As part of yesterday’s column about potential “offsets” for Trump’s tax agenda, I wrote “Don’t hold your breath” next to the line that stated taxpayers could save more than $500 billion if Congress refuses to spend any money on unauthorized programs. My...
by Dan Mitchell | Jan 4, 2025 | Big Government, Blogs, Government Spending
Donald Trump played Santa Claus in his first term, with both tax cuts and big spending increases. Unsurprisingly, he wants to play Santa Claus in his second term as well. But he faces a couple of big challenges. First, as I wrote about two...
