by Dan Mitchell | Jun 6, 2015 | Blogs, Economics
I’m not a big fan of Obamanomics. We’re going through the weakest recovery since the Great Depression. Income and wages have been stagnant, particularly when compared to previous expansions. And while the unemployment rate has finally come down, that’s in part a...
by Dan Mitchell | May 19, 2015 | Big Government, Blogs, Government Spending, Welfare and Entitlements
President Obama recently took part in a poverty panel at Georgetown University. By D.C. standards, it was ideologically balanced since there were three statists against one conservative(I’ve dealt with that kind of “balance” when dealing with the media, as you...
by Dan Mitchell | Apr 17, 2015 | Blogs, Economics
Way back in 2010, I shared two very depressing numbers to illustrate how Obama’s policies were creating “regime uncertainty.” I shared data on the cash reserves of companies and suggested it was bad news that those firms thought it made more sense to sit on money...
by Dan Mitchell | Mar 19, 2015 | Big Government, Blogs, Economics, Government Spending
Earlier this year, President Obama proposed a budget that would impose new taxes and add a couple of trillion dollars to the burden of government spending over the next 10 years. The Republican Chairmen of the House and Senate Budget Committees have now weighed in....
by Dan Mitchell | Mar 5, 2015 | Big Government, Blogs, Constitution, Taxation
I’m not reflexively opposed to executive orders and other unilateral actions by the White House. A president and his appointees, after all, have a lot of regulatory authority. This is because, for better or worse, many of the laws approved in Washington basically...