A major problem for tax-and-transfer welfare states is looming.
Daily Analysis
Selfish Politicians Are Setting the Stage for Fiscal Crisis
The most unavoidable reality is demographic change.
Will Biden Make Poverty Hucksterism Official Policy?
Three troubling things about the politics of poverty.
Another Honest Leftist Admits that Middle-Class Taxpayers Are in the Crosshairs
There are not enough rich people to finance big government.
The United States Out-Performs Europe
It would be a bad idea for the United States to become more like Europe.
More Evidence Against Universal Basic Income
New study confirms basic income would be bad news.
There Are Not Enough Rich People to Finance Big Government
Even Bernie Sanders recognizes this reality.
Political Drama: French Welfare State Showdown
French voters and lawmakers have an entitlement mentality.
France and Fiscal Suicide
Even modest reform is an outrage to some French leftists.
Big-Spending Republicans Are Big-Taxing Republicans
It’s the inevitable outcome if fiscal policy is left on autopilot