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Can Politicians Save the Welfare State by Urging – or even Subsidizing – More Baby-Making?

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...
Does America Share Japan’s Grim Future?

Does America Share Japan’s Grim Future?

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,...
Story about German “Poverty” Features World’s Most Dishonest Headline or World’s Most Clueless Headline

Story about German “Poverty” Features World’s Most Dishonest Headline or World’s Most Clueless Headline

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...
Will the International Nightmare of FATCA Finally Be Repealed?

Will the International Nightmare of FATCA Finally Be Repealed?

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...
Nine Positive and Eight Negative Observations from Trump’s Speech

Nine Positive and Eight Negative Observations from Trump’s Speech

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...
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