by Dan Mitchell | Aug 15, 2021 | Big Government, Blogs, Welfare and Entitlements
I just got back from Medellin, Colombia, where I gave a presentation to the Liberty International World Conference. My topic was “The Fatal Mix of Demographic Change and the Welfare State” and I made my usual points about how poorly designed entitlement...
by Dan Mitchell | Aug 10, 2021 | Big Government, Blogs, Welfare and Entitlements
It’s understandable that we’re now paying a lot of attention to Joe Biden’s risky proposals for higher taxes and a bigger welfare state. After all, it’s a very bad idea to copy the economic policies of nations such as Italy, France,...
by Dan Mitchell | Jul 11, 2021 | Big Government, Blogs, Government Spending
President Biden pushed through $1.9 trillion of new spending earlier this year, but that so-called stimulus plan was mostly for one-time giveaways. As I warn in this recent discussion on Denver’s KHOW, we should be much more worried about his proposals to permanently...
by Dan Mitchell | May 25, 2021 | Big Government, Blogs, Welfare and Entitlements
As a libertarian, I don’t care if couples have zero children or 10 children. But as an economist, I’m horrified that big changes in demographics are going to lead to fiscal crises thanks to poorly designed entitlement programs....
by Dan Mitchell | Feb 22, 2021 | Big Government, Blogs, Welfare and Entitlements
There are many compelling economic arguments against entitlement programs. They discourage savings.They discourage work.They are funded with taxes.They are funded with debt. Since I’m a libertarian, I also have moral concerns about...
