by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations
Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
by Dan Mitchell | Dec 12, 2024 | Blogs, Trade
In Part I of this series, I showed that there has been a long-run decline of manufacturing employment in the United States, but pointed out that it is silly to blame this drop on trade agreements such as NAFTA or the WTO. What’s really happened is...
by Dan Mitchell | Dec 2, 2024 | Blogs
I like profits. But let me qualify that statement. I like profits that are the result of businesses providing goods and services that consumers value. Those profits are earned. By contrast, I don’t like it when businesses get in bed with government and...
by Dan Mitchell | Nov 16, 2024 | Blogs, Economics, Trade
Halfway through Trump’s first term, I used a set of scales to characterize his mixed economic policy. He had some pro-growth policies such as deregulation and tax reform, and he had some anti-growth policies such...
by Dan Mitchell | Oct 28, 2024 | Blogs, Trade
Why has the United States imposed a trade embargo against Cuba for many decades? The answer is that both Republican and Democratic politicians have understood that trade restrictions will hurt the Cuban economy. Whether a Cuban blockade makes sense...