I wrote yesterday about the shocking case of a millionaire collecting food stamps. Today, I have an equally disgusting story of government waste. The Social Security program is actuarially bankrupt, with unfunded liabilities of several trillion dollars. Our topic today deals with the disability portion of Social Security, which is in especially poor shape, with […]

Not that we needed any additional evidence that the government wastes money in truly spectacular fashion, but this story from the Detroit Free Press is especially disgusting and outrageous. A man who won $2 million on a Michigan lottery show has told a TV station that he still uses food stamps. Leroy Fick of Bay […]

Under current law, Social Security is supposed to be an “earned benefit,” where taxes are akin to insurance premiums that finance retirement benefits for workers. And because there is a cap on retirement benefits, this means there also is a “wage-base cap” on the amount of income that is hit by the payroll tax. For […]

The left already is wailing about the Medicare and Medicaid reforms in Congressman Paul Ryan’s budget. They don’t have any solutions of their own for these bankrupt programs, but they hope to scare voters in the short run and don’t seem to care about the nation in the long run. But, as Margaret Thatcher famously […]

People periodically ask me why I’m so down on David Cameron, the Prime Minster of the United Kingdom. I’ve already pointed out that his pre-election agenda was big government. And I’ve pointed out that his post-election record is more spending. (and you can read more of my whining and complaining here, here, here, here, and […]

One of my presentations at CPAC addressed America’s long-term entitlement crisis. I was part of a panel organized by the National Taxpayers Union, and I discussed how to solve the long-run fiscal problems caused by Social Security, Medicare, and Medicaid. The lighting and focus leave something to be desired, but hopefully my message is crisp […]