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The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

by Dan Mitchell | Oct 30, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

In my speeches, I routinely argue that an aging population is one of the reasons why we need genuine entitlement reform. A modest-sized welfare state may be feasible if a country has a “population pyramid,” I explain, but it’s a recipe for fiscal chaos when changing...

What Lessons Can America Learn from Europe?

by Dan Mitchell | Oct 18, 2015 | Big Government, Blogs, Europe, Government Spending, Welfare and Entitlements

Some issues never seem to get resolved. One would think, for instance, that leftists would be more cautious about pushing for a bigger welfare state given the fiscal crisis in Europe. But we have folks like Bernie Sanders openly arguing we should be more like nations...
The EITC: Washington’s Fastest-Growing Form of Income Redistribution

The EITC: Washington’s Fastest-Growing Form of Income Redistribution

by Dan Mitchell | Oct 16, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

Federal government redistribution programs don’t work. We’ve ignored the lessons of history about the dangers of government intervention, so is it any mystery that we now have millions of people mired in dependency. Yet some people in Washington want to double down on...

Should Welfare Dependency Be Shameful or Discomforting?

by Dan Mitchell | Sep 27, 2015 | Big Government, Blogs, Economics, Welfare and Entitlements

It’s no exaggeration to say that a nation’s long-run vitality and prosperity are correlated with the spirit of independence and self-reliance among its people. Simply stated, if too many people thinks it’s okay to ride in the wagon of government dependency, that a...
Poverty, the Welfare State, and the Failure of Centralized Government

Poverty, the Welfare State, and the Failure of Centralized Government

by Dan Mitchell | Sep 23, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

As we get deeper into an election season, many politicians feel compelled to discuss how to deal with poverty.  And some of them may even be serious about trying to improve the system. This hopefully will lead to big-picture discussions of key issues, such as why the...
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