by Dan Mitchell | Jan 25, 2025 | Blogs, Trade
In Trump’s fourth year in the White House, back in early 2020, I wrote that the trade deficit was rising because the economy was doing well. I specifically observed in that column that “the trade deficit is increasing in large part because Trump’s...
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 4, 2024 | Blogs, Taxation, Trade
At the start of this 2022 video, I openly stated that trade destroys jobs. But since I didn’t want anyone to jump to the wrong conclusion, I quickly explained that all trade destroys jobs, whether trade between North Carolina and Missouri or trade between the...
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...
