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Ranking Societal Capital: USA Is #4, but the Long-Run Outlook Isn’t Encouraging

Ranking Societal Capital: USA Is #4, but the Long-Run Outlook Isn’t Encouraging

by Dan Mitchell | Nov 12, 2020 | Big Government, Blogs, Welfare and Entitlements

I’m a voracious consumer of publications that rank economic liberty and national competitiveness. Simply stated, these apples-to-apples rankings tell us which countries have policies that are friendly to growth (and thus the places that will enjoy rising living...
President Joe Biden Will Be Bad, but a President Kamala Harris Would Be Worse

President Joe Biden Will Be Bad, but a President Kamala Harris Would Be Worse

by Dan Mitchell | Nov 7, 2020 | Big Government, Blogs

Joe Biden has a very misguided economic agenda. I’m especially disturbed by his class-warfare tax agenda, which will be bad news for American workers and American competitiveness. The good news, as I wrote earlier this year, is that he probably isn’t serious about...
The IMF Urges Nations to Adopt Greek-Style Fiscal Policy

The IMF Urges Nations to Adopt Greek-Style Fiscal Policy

by Dan Mitchell | Oct 14, 2020 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

Bernie Sanders was considered a hard-core leftist because his platform was based on higher taxes and higher spending. Elizabeth Warren also was considered a hard-core leftist because she advocated a similar agenda of higher taxes and higher spending. And Joe Biden,...
Ludicrous Poverty Analysis from the United Nations

Ludicrous Poverty Analysis from the United Nations

by Dan Mitchell | Jul 20, 2020 | Big Government, Blogs

Back in 2017, the Center for Freedom and Prosperity released this video, which shows that free markets and small government are the best recipe for poor nations that want to become rich nations. The CF&P video was motivated in part by a need to debunk...
The Welfare State Penalizes the Poor with High Marginal Tax Rates

The Welfare State Penalizes the Poor with High Marginal Tax Rates

by Dan Mitchell | Jun 4, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements

Back in 2016, I shared an image that showed how the welfare state punishes both the poor and rich. Rich people are hurt for the obvious reason. They get hit with the highest statutory tax rates, and also bear the brunt of the double taxation (the extra layers of tax...
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