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The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

by Dan Mitchell | Dec 22, 2022 | Big Government, Blogs, Taxation, Welfare and Entitlements

I worry about big tax increases because of America’s grim long-run fiscal outlook. The video clip is less than two minutes (taken from this longer discussion with Fergus Hodgson), but I can summarize my key point in just one very important sentence Anybody...
The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

America’s Looming Entitlement Crisis

by Dan Mitchell | Nov 28, 2022 | Big Government, Blogs, Welfare and Entitlements

Back in July, I made the case for the right kind of entitlement reform in a discussion with the folks at Live and Let Live. Today, I want to underscore why it is important to focus on “the right kind” of reform. On paper, you can save money with “means...
Republican Warfare, Part IV: Will the GOP Get Serious about Spending?

Republican Warfare, Part IV: Will the GOP Get Serious about Spending?

by Dan Mitchell | Nov 16, 2022 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

Last week, I explained that “supply siders” need to be ardent advocates of spending restraint. After all, there is no chance of good tax policy in the future if the burden of federal spending continues to expand. I also wrote about “national conservatives”...
The Case for Entitlement Reform

The Case for Entitlement Reform

by Dan Mitchell | Jul 21, 2022 | Big Government, Blogs, Health Care, Welfare and Entitlements

If Joe Biden’s bungled economic policy is any indication, the GOP may wind up controlling Washington in the not-too-distant future. If so, I hope Republicans rekindle their interest in the kind of genuine entitlement reform discussed in this interview. But...
Which Nation Will Be the Next to Go Bankrupt?

Which Nation Will Be the Next to Go Bankrupt?

by Dan Mitchell | Jul 13, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Last month, I shared a chart from a study published by the European Central Bank. It showed which European nations were in the unfortunate position of facing big future spending increases (the vertical axis) combined with already-high levels...
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