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The Economics of Redistributionism

The Economics of Redistributionism

by Dan Mitchell | Jun 11, 2021 | Big Government, Blogs, Welfare and Entitlements

Back in 2016, I created a 2×2 matrix to illustrate the difference between redistributionism (tax Person A and give to Person B) and state planning (politicians and bureaucrats trying to steer the economy, either through direct...
The Most Disturbing Takeaway from Biden’s Budget Plan

The Most Disturbing Takeaway from Biden’s Budget Plan

by Dan Mitchell | May 28, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements

There are many things to dislike about President Biden’s budget plan to expand the burden of government. Class-warfare tax policy.Expanding welfare.Higher levels of red ink. There will be ample opportunity to write about these issues in the coming weeks. For today,...
The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

by Dan Mitchell | May 19, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements

The United States has a big economic advantage over Europe in part because the burden of welfare spending is lower. This means fewer people trapped in government dependency in America. And it means a smaller tax burden in America....
The Economics of Redistributionism

Subsidized Unemployment and the Work Ethic

by Dan Mitchell | May 13, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements

I wrote two days ago about subsidized unemployment, followed later in the day by this interview. This controversy raises a fundamental economic issue. I explained in the interview that employers only hire people when they expect a new worker will generate at...
The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

Immigration, Part II: Turning America into a Welfare Magnet

by Dan Mitchell | Mar 27, 2021 | Big Government, Blogs, Immigration, Society, Welfare and Entitlements

In Part I of this series, I explained why it’s absurd to think illegal immigration can be stopped by sending foreign aid to less-developed countries, such as many of those in Central America. Simply stated, government-to-government handouts have never been a...
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