by Dan Mitchell | Jul 31, 2022 | Big Government, Blogs, Government Spending
One of the best things about 2021 was the fact that Congress did not approve Joe Biden’s economically debilitating plan to raise taxes and expand the welfare state. His so-called Build Back Better plan was a very bad mix of class-warfare tax...
by Dan Mitchell | Jul 16, 2022 | Blogs, Economics
There has been plenty of bad economic news for Joe Biden, most notably rising levels of inflation. He also is being criticized for his tax-and-spend fiscal agenda. And mocked for his assertions about red ink. But I think his main problem is this...
by Dan Mitchell | Jul 15, 2022 | Big Government, Blogs, Government Spending
Back in May, I pointed out that it is absurd for Joe Biden to claim credit for lower deficits. This Reason video elaborates, noting that red ink is (temporarily) falling solely because the orgy of pandemic spending is ending. Serious budget people, regardless of their...
by Dan Mitchell | Jun 28, 2022 | Blogs, Economics
I’ve long argued that it’s generally better to focus on employment rather than unemployment when assessing the health of the job market, and I had a chance to pontificate on that topic for Labor Relations Radio. Sadly, labor force participation numbers weren’t...
by Dan Mitchell | Jun 22, 2022 | Blogs, Tax Competition, Taxation
As part of my continuing efforts to derail Biden’s global minimum tax on businesses (here’s Part I and Part II), I explain the downsides of the president’s plan in this clip from a recent interview. If you don’t want to spend three minutes to watch the above video, my...
