by Dan Mitchell | Feb 2, 2012 | Blogs, Economic Growth, Economics
On this day last year, I posted two charts that I developed using the Minneapolis Federal Reserve Bank’s interactive website. Those two charts showed that the current recovery was very weak compared to the boom of the early 1980s. But perhaps that was an unfair...
by Dan Mitchell | Jan 30, 2012 | Big Government, Blogs, Flat Tax, Government Spending, Taxation
Leftists want higher tax rates and they want greater tax compliance. But they have a hard time understanding that those goals are inconsistent. Simply stated, people respond to incentives. When tax rates are punitive, folks earn and report less taxable income, and...
by Dan Mitchell | Jan 28, 2012 | Blogs, Economics, Taxation
I’ve already posted the Cato Institute’s overnight response to the President’s state-of-the-Union speech. Here’s the Dan Mitchell pre-SOTU speech to congressional staffers. I’ve already had people ask me for the charts I used in the speech. Here’s the double taxation...
by Dan Mitchell | Jan 27, 2012 | Blogs, Economics, Tax Competition, Taxation
President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare. But neither one of those policies are popular, so the President largely ignored them during his state-of-the-union address and instead focused on...
by Dan Mitchell | Jan 23, 2012 | Blogs, Economics, Keynesian
The Washington Post is a left-wing newspaper, so I’m never surprised to find examples of biased reporting. Last month, for instance, I made fun of the Post for asserting that Germany was “fiscally conservative.” I also mocked the Post last March, when a reporter...
