by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements
Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
by Dan Mitchell | Aug 8, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
Our friends on the left who want more government spending generally have a short-run argument and a long-run argument. In the short run, they assert that more government spending can stimulate a weak economy. This is typically known as Keynesian...
by Dan Mitchell | Jun 27, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
The private sector reacted quickly (when allowed by sluggish and inefficient government) to the coronavirus pandemic. We quickly got everything from vaccines to personal protective equipment. That’s the good news. The bad news is that politicians also reacted quickly....
by Dan Mitchell | Mar 28, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
According to data on jobs and growth, President Obama’s so-called stimulus was a failure. But at least politicians and bureaucrats were able to concoct new and clever ways to waste money. Including research grants to interview people about their sexual...
by Dan Mitchell | Jan 8, 2021 | Big Government, Blogs, Economics
For supporters of sensible policy, 2008 was not a good year. The economy suffered a big drop thanks to bad government policies (easy-money from the Federal Reserve and corrupt housing subsidies from Fannie Mae and Freddie Mac). So what did politicians do? Sadly, they...
