by Dan Mitchell | May 20, 2024 | Blogs, Economics
A big problem for Joe Biden, as I’ve repeatedly noted, is that families are on an economic treadmill. Simply stated, inflation has been climbing as fast (or sometimes faster) than wages. That’s not a recipe to make a politician popular. Now...
by Dan Mitchell | May 18, 2024 | Blogs, Taxation
Like Thomas Piketty, Gabriel Zucman is a French economist who promotes economically destructive class-warfare tax policy. He’s also infamous for dodgy data manipulation, as Phil Magness explains in this Reason discussion. The interview lasts for 64...
by Dan Mitchell | May 15, 2024 | Blogs, Trade
Today’s column is about international trade, but I’m not going to regurgitate my usual arguments about the benefits of free trade or get wonky about creative destruction. Instead, I’m going to make a point about the glib, hypocritical,...
by Dan Mitchell | May 7, 2024 | Big Government, Blogs, Welfare and Entitlements
The Social Security Administration has released the yearly forecast of the program’s long-run finances. Jut like I did in 2023, 2022, 2021, 2020, etc, it’s time to see what to expect in the future. Based on the annual fiscal data in Table...
by Dan Mitchell | May 3, 2024 | Big Government, Blogs, Regulations
Biden has pushed federal spending to record levels and he wants to push taxes to record levels. He’s also maintained and extended Trump’s protectionist policies. And we all know about his track record on inflation (he didn’t...
