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Obamacare Could Cause Two Million additional Adults to Leave Labor Force and Become Trapped in Government Dependency

by Dan Mitchell | May 18, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements

What’s the worst economic development during Obama’s reign? Some would say it’s the higher tax burden. Some would say it’s the wasteful faux stimulus. Others would say it’s the fiscal nightmare of Obamacare. And others would say it’s the loss of millions of...
The Slow-Motion Train Wreck of Entitlement Programs

The Slow-Motion Train Wreck of Entitlement Programs

by Dan Mitchell | May 8, 2014 | Big Government, Blogs, Government Spending

The Census Bureau just released a report on America’s aging population. The big takeaway is that our population will be getting much older between now and 2050. And since I’m a baby boomer, I very much like the fact that we’re expected to live longer. But as a public...
A New Member of the Moocher Hall of Fame

A New Member of the Moocher Hall of Fame

by Dan Mitchell | Apr 22, 2014 | Big Government, Blogs, Government Spending

About one year ago, I decided to create a “Moocher Hall of Fame” to highlight how certain people went above and beyond the call of indolence in their efforts to sponge off taxpayers. This award isn’t for ordinary deadbeats. You have to do something really special (the...

Denmark’s Party Boat and the Ever-Expanding Welfare State

by Dan Mitchell | Mar 17, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements

My all-time most-viewed blog post wasn’t the parable about beer and the tax system. Nor was it the joke about California, Texas, and the Coyote. Those won the silver and bronze trophies. The gold medal belongs to the two pictures that explain how the welfare...
The War on Poverty Has Made a Difference…but the Wrong Kind

The War on Poverty Has Made a Difference…but the Wrong Kind

by Dan Mitchell | Mar 2, 2014 | Big Government, Blogs, Government Spending

On several occasions, I’ve observed that the poverty rate in America was steadily falling, but that progress came to a halt in the mid-1960s when the government declared a War on Poverty. And I almost always included a chart showing the annual poverty rate over...
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