by Dan Mitchell | Mar 6, 2017 | Big Government, Blogs, Welfare and Entitlements
The tax-and-transfer welfare state is in deep trouble. I explained last year that the United States faces a very serious long-run challenge. Many of our entitlement programs were created based on the assumption that we would always have an expanding population, as...
by Dan Mitchell | Mar 5, 2017 | Big Government, Blogs, Taxation, VAT
When I warn about the fiscal and economic consequences of America’s poorly designed entitlement programs (as well as the impact of demographic changes), I regularly suggest that the United States is on a path to become Greece. Because of Greece’s horrible economy,...
by Dan Mitchell | Mar 4, 2017 | Blogs, Economic Growth
As I peruse the news, I periodically see headlines that are misleading in some fashion. And if the headline is sufficiently off-key or bizarre, I feel compelled to grouse. A disappointingly inaccurate headline about the capital sinking into the sea. A grossly...
by Dan Mitchell | Mar 3, 2017 | Blogs, Financial Privacy, Taxation
Republicans promised voters all sorts of pro-growth reforms. They assured us that they learned a lesson about the dangers of expanding government and calling it “compassionate conservatism.” Give us control of both Congress and the White House, they said before the...
by Dan Mitchell | Mar 2, 2017 | Big Government, Blogs
President Trump gave his first address to a joint session of Congress the other night. The one thing I can say with great confidence, based on applause patterns, is that it didn’t generate the same spirit of bipartisan good will as the Pope’s address back in 2015. But...