by Dan Mitchell | Dec 31, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
Sticking with tradition (2023, 2022, 2021, 2020, 2019, etc), it’s time for my annual column summarizing the best and worst things that happened during the year. Let’s start with the good developments. And it should be obvious what will be my first...
by Dan Mitchell | Oct 30, 2024 | Blogs, Economics
From a big-picture economic perspective, Kamala Harris has some terrible proposals. Taxing unrealized capital gains. Gutting welfare reform with per-child handouts. Increasing the overall burden of spending. What scares me most, however, is that she might...
by Dan Mitchell | Oct 29, 2024 | Blogs, Taxation
What’s the most radical part of Kamala Harris’ agenda? I’m tempted to say it’s what she has said about wanting the Marxist notion of “equality of outcomes.” But I suspect (or hope!) that’s just empty campaign rhetoric. If we look at the specific ideas...
by Dan Mitchell | Oct 8, 2024 | Big Government, Blogs, Government Spending
If you want to understand Washington’s fiscal profligacy, this chart based on OMB data shows what has happened to the federal budget over the past 15 years. There are two big things to understand. We had some very admirable spending restraint...
by Dan Mitchell | Sep 28, 2024 | Blogs, Uncategorized
Politicians are not good people. That’s why I have a “Wretched Hive of Scum and Villainy” series (though I confess they all have the same message). Part I reviewed evidence of misbehavior by elected officials and their cronies. Part II reviewed evidence of...
