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The Impossibly Expensive Promises of Bernie Sanders

The Impossibly Expensive Promises of Bernie Sanders

by Dan Mitchell | Jan 15, 2020 | Big Government, Blogs, Economics, Socialism

I’ve written about some of Elizabeth Warren’s statist proposals, but watching last night’s Democratic debate convinced me that I need to pay more attention to Bernie Sanders’ agenda. When he ran for president last time, I warned that his platform of $18 trillion of...
The Bernie Sanders-Style Agenda of Spain’s New Government

The Bernie Sanders-Style Agenda of Spain’s New Government

by Dan Mitchell | Jan 8, 2020 | Big Government, Blogs

Last month’s election in the United Kingdom attracted considerable attention, not only because it would decide Brexit, but also because of the potential risk of a hard-left Labour government in the world’s 5th-largest economy. The British dodged that bullet but the...
Measuring the Impact of 20 Years of Socialism in Venezuela

Measuring the Impact of 20 Years of Socialism in Venezuela

by Dan Mitchell | Dec 1, 2019 | Big Government, Blogs, Economics, Socialism

Fifty years ago, Venezuela was ranked #10 for economic liberty and enjoyed the highest living standards in Latin America Today, the nation is an economic disaster. Hugo Chavez and Nicolas Maduro deserve much of the blame. Their socialist policies have dropped...
Fight on the Right, Part II: Debating “Common-Good Capitalism”

Fight on the Right, Part II: Debating “Common-Good Capitalism”

by Dan Mitchell | Nov 26, 2019 | Blogs, Economics, Free Market

I’m a big fan of Marco Rubio. The Florida Senator has been very good on some big issues and on some small issues. And he’s willing to fight important philosophical battles. No politician is perfect (for instance, Rubio defends sugar subsidies), so I’ve always judged...
Honest Leftist Openly Acknowledges a Bigger Welfare State Requires Giant Tax Increases on Lower-Income and Middle-Class Taxpayers

Honest Leftist Openly Acknowledges a Bigger Welfare State Requires Giant Tax Increases on Lower-Income and Middle-Class Taxpayers

by Dan Mitchell | Nov 10, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements

I give Bernie Sanders and Andrew Yang credit for a bit of honesty. Both of them have proposals to significantly – indeed, dramatically – expand the burden of government spending, and they actually admit their plans will require big tax increases on lower-income and...
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