Social Security spending is climbing too fast and consuming an ever-larger share of economic output.
Daily Analysis
Great News from Michigan as Voters Reject Political Elite’s Tax-Hike Scheme
Voters reject a big time tax increase.
The World’s (or at least Denmark’s) Most Depressing PowerPoint Slide
It’s very hard to be optimistic about Denmark given what this chart shows.
IMF Proposes to Sabotage China’s Economy
IMF bureaucrats want China to become more like France and Greece.
More Anti-Factual Analysis from Paul Krugman
Krugman is apparently still allergic to facts.
Social Security, Vote Buying, and the Road to Greece
Demographic changes and ill-designed programs will combine to dramatically expand the size of the public sector over the next few decades.
Very Powerful Real-World Evidence for Spending Caps
More proof that a well designed spending cap can successfully constrain spend-happy politicians.
Bill Clinton and the Retroactive Application of Mitchell’s Golden Rule
Republicans should use the Clinton budget against Democrats.
Restoring the Old-Fashioned Budget Virtue of…FDR and Truman?!?
There’s one thing even the big spenders did well.
A Fair – but Ultimately Misleading – Critique of GOP Budgets
Republicans caught using budget gimmicks.