by Dan Mitchell | Sep 10, 2020 | Big Government, Blogs, Economics, Government Spending
With the election less than two months away, there’s a lot of discussion and debate about Trump’s performance. I put together a report card last year showing that his economic policies have been a mixed bag, with good grades on tax and regulation, but bad grades...
by Dan Mitchell | Sep 8, 2020 | Big Government, Blogs, Government Spending, Taxation
New York is in trouble from bad economic policy, especially excessive taxing and spending. This is one of the reasons why there’s been a steady exodus of taxpayers from the Empire State. The problem is especially acute for New York City, which has been suffering from...
by Dan Mitchell | Sep 1, 2020 | Big Government, Blogs, Economics, Government Spending
If Donald Trump wins the 2020 election, I don’t expect any serious effort to rein in the burden of government spending. And if Joe Biden wins the 2002 election, I don’t expect any serious effort to rein in the burden of government spending. At the risk of...
by Dan Mitchell | Aug 14, 2020 | Big Government, Blogs, Economics, Government Spending, Keynesian
Last week, I shared some data showing how the economy enjoyed a strong recovery from recession in the early 1920s when President Warren Harding cut government spending. (And these were genuine cuts, not the nonsense we get from today’s politicians, who claim they’ve...
by Dan Mitchell | Aug 10, 2020 | Big Government, Blogs, Government Spending
Compared to most of the world, Japan is a rich country. But it’s important to understand that Japan became rich when the burden of government was very small and there was no welfare state. Indeed, as recently as 1970, Japan’s fiscal policy was rated by Economic...
