by Dan Mitchell | May 21, 2020 | Big Government, Blogs, Europe, Welfare and Entitlements
Despite the fact that Social Security is an ever-increasing fiscal burden with a 75-year cash-flow deficit of nearly $45 trillion, many politicians in Washington have been trying to buy votes with proposals to expand the program (Barack Obama, Hillary Clinton, Bernie...
by Dan Mitchell | May 20, 2020 | Bailouts, Blogs, Europe
I wrote earlier this month about coronavirus becoming an excuse for more bad public policy. American politicians certainly have been pushing all sorts of proposals for bigger government, showing that they have embraced the notion that you don’t want to let a “crisis...
by Dan Mitchell | May 19, 2020 | Big Government, Blogs, Government Spending, States
Politicians from New York want states to get a big bailout from Uncle Sam. I explained earlier this month that this would be a bad idea. Simply stated, the Empire State is in big trouble because it has a bloated government, not because of the coronavirus. Probably...
by Dan Mitchell | May 18, 2020 | Big Government, Blogs, Government Spending
When I write enough columns with the same underlying point, I sometimes create a special page to highlight the theme, such as the “Bureaucrat Hall of Fame” and “Poverty Hucksters.” I may have to do something similar for people who assert that America’s response to the...
by Dan Mitchell | May 16, 2020 | Big Government, Blogs, Government Spending
The good news is that there will be a record reduction next year in the burden of government spending. Unfortunately, the bad news is that this reduction will only occur because of gigantic spending increases this year. In this webinar, I explain how fiscal policy is...
