by Dan Mitchell | Jan 5, 2022 | Blogs, Economics, Free Market
As I warned a few days ago, Biden’s so-called Build Back Better plan is not dead. There’s still a significant risk that this economy-sapping plan will get enacted, resulting in big tax increases and a larger burden of government spending....
by Dan Mitchell | Nov 19, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
First we got Biden’s $1.9 trillion so-called stimulus. Then we got his $1 trillion-plus infrastructure boondoggle. Now Congress may be on the verge of approving the President’s budget, which (if we use honest numbers) is a $5 trillion plan to...
by Dan Mitchell | Nov 16, 2021 | Big Government, Blogs, Europe
I regularly cite data about Europe’s sub-par economic outcomes in hopes of driving home the point that the United States should not copy that continent’s approach of onerous fiscal burdens. Which is now a very relevant topic with Biden...
by Dan Mitchell | Nov 10, 2021 | Big Government, Blogs, Taxation, Welfare and Entitlements
Biden’s budget plan is based on fraudulent numbers, but it is also based on the fraudulent idea that a big, European-style welfare state can be financed without fleecing lower-income and middle-class taxpayers. I’ve repeatedly pointed out that this is not...
by Dan Mitchell | Nov 8, 2021 | Big Government, Blogs, Welfare and Entitlements
Back in 2017, I shared my Second Theorem of Government to warn why it is so important to resist new government giveaway programs. And I used Obamacare as a costly example. Simply stated, it’s much easier to block new handouts than it is to take...
