by Dan Mitchell | Oct 6, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Imagine that we’re in a parallel universe and that you’re the lookout on the Titanic. But in this make-believe world, you have all sorts of fancy radar that allows you to detect icebergs with lots of advance notice. Furthermore, imagine that you detect danger and give...
by Dan Mitchell | Sep 22, 2017 | Big Government, Blogs, Welfare and Entitlements
The world’s best welfare state arguably is Finland. Yes, the burden of government spending is enormous and the tax system is stifling, but the nation gets extremely high scores for rule of law and human liberty. Moreover, it is one of the world’s most laissez-faire...
by Dan Mitchell | Sep 15, 2017 | Big Government, Blogs, Government Spending, Health Care
In a strange way, I admire Bernie Sanders. He openly embraces big government. Back during the 2016 campaign, I frequently observed that the difference between the Vermont Senator and Hillary Clinton is that he wanted America to become Greece at a much faster rate....
by Dan Mitchell | Aug 29, 2017 | Uncategorized
Most people understand that there’s a Social Security crisis, but they only know half the story. The part of the crisis they grasp is that the program is basically bankrupt, though I doubt many of them realize that the long-run shortfall is a staggering $44 trillion....
by Dan Mitchell | Aug 8, 2017 | Big Government, Blogs, Government Spending, Taxation
According to leftists like Bernie Sanders, European nations have wonderfully generous welfare states financed by high tax rates on the rich. They’re partly right. There are very large welfare states in Europe (though I wouldn’t use “wonderfully” and “generous” to...
