by Dan Mitchell | May 9, 2018 | Big Government, Blogs, Welfare and Entitlements
According to research from the Bank for International Settlements, the long-term fiscal outlook for the United Kingdom is very grim. The data generated by the International Monetary Fund and the Organization for Economic Cooperation and Development isn’t quite as...
by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation
Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...
by Dan Mitchell | Mar 28, 2018 | Big Government, Blogs, Welfare and Entitlements
Given Social Security’s enormous long-run financial problems, the program eventually will need reform. But what should be done? Some folks on the left, such as Barack Obama and Hillary Clinton, support huge tax increases to prop up the program. Such an approach would...
by Dan Mitchell | Mar 9, 2018 | Big Government, Blogs
Back in 2015, I wrote some columns about policy differences with folks who normally would be considered allies. In Part I, I defended the flat tax, which had been criticized by Reihan Salam In Part II, I explained why I thought a comprehensive fiscal package from the...
by Dan Mitchell | Mar 6, 2018 | Big Government, Blogs, Government Spending
Writing about federal spending last week, I shared five charts illustrating how the process works and what’s causing America’s fiscal problems. Most important, I showed that the ever-increasing burden of federal spending is almost entirely the result of domestic...
