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Even with a Volatile Stock Market, Personal Retirement Accounts Are Better and Safer than Social Security

Even with a Volatile Stock Market, Personal Retirement Accounts Are Better and Safer than Social Security

Early last year, CF&P released this video, narrated by yours truly, making the case that the United States and other nations should shift from a tax-and-transfer entitlement scheme to a… Read more »

What’s More Compassionate for the Poor, Dependency or Self-Reliance?

What’s More Compassionate for the Poor, Dependency or Self-Reliance?

I’ve written a couple of times about the Food Stamp program, citing ridiculous examples of waste, fraud, and abuse. These include: Using food stamps to buy luxury coffee at Starbucks…. Read more »

A Video on the Cradle-to-Grave Welfare State from the folks at Government Gone Wild

A Video on the Cradle-to-Grave Welfare State from the folks at Government Gone Wild

As I explained in this set of videos, we desperately need to reform entitlement programs. But not in the wrong way, with price fixing and means testing. Good reform means personal… Read more »

Can You Identify the Most Egregious Example of Wasteful Spending by the Welfare State?

Can You Identify the Most Egregious Example of Wasteful Spending by the Welfare State?

I’ve commented many times about wasteful government spending, including Social Security bureaucrats spending $700 thousand to party at a luxury resort, HUD bureaucrats giving huge subsidies for welfare recipients to… Read more »

Two Early Thoughts on the Ryan-Wyden Medicare Plan

Two Early Thoughts on the Ryan-Wyden Medicare Plan

It’s obviously quite disappointing that Congressman Paul Ryan has teamed up with Senator Ron Wyden, a Democratic from Oregon, to put forth a significantly watered down version of his Medicare… Read more »

According to the Cluelsss Crowd at the Washington Post, Germany Is “Fiscally Conservative”

According to the Cluelsss Crowd at the Washington Post, Germany Is “Fiscally Conservative”

By European standards, Germany is in pretty good shape. There’s a very large welfare state and the tax burden is quite onerous, both of which hinder growth, but Germany has… Read more »

The Wrong Kind of Entitlement Reform Could Be Worse than No Entitlement Reform

The Wrong Kind of Entitlement Reform Could Be Worse than No Entitlement Reform

I have a new article for National Review about the fallout from the Supercommittee. Among the points I make are: o We were lucky to dodge a tax hike. o… Read more »

Everything You Need to Know about Entitlement Reform

Everything You Need to Know about Entitlement Reform

Most people have a vague understanding that America has a huge long-run fiscal problem. They’re right, though they probably don’t realize the seriousness of that looming crisis. Here’s what you… Read more »

The French Government’s Moral Depravity and Self-Imposed Fiscal Suicide

The French Government’s Moral Depravity and Self-Imposed Fiscal Suicide

Appearances can be deceiving. I saw an article with a blaring headline that warmed my heart: “France’s Sarkozy Eyes Welfare Rethink, Fraud Clampdown.” Could it be, I thought, that the… Read more »

Maybe Communism Isn’t So Bad After All

Maybe Communism Isn’t So Bad After All

I’ve previously posted about the communist government of Cuba cutting taxes and the CEO of Coca-Cola saying that communist China has a more business-friendly climate than the United States. Having… Read more »