by Dan Mitchell | May 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The American Enterprise Institute has published a comprehensive budgetary plan entitled, “Tax and spending reform for fiscal stability and economic growth.” Authored by Joseph Antos, Andrew G. Biggs, Alex Brill, and Alan D. Viard, all of whom I know and admire, this...
by Dan Mitchell | May 11, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
America has a giant long-run problem largely caused by poorly designed entitlement programs such as Social Security, Medicare, and Medicaid. So when I wrote last month about proposals by some Democrats to expand Social Security, I was less than enthusiastic....
by Dan Mitchell | Apr 16, 2015 | Big Government, Blogs, Government Spending, Welfare and Entitlements
What’s America’s main fiscal policy challenge, particularly in the long run? Most sensible people will agree that our greatest threat is the rising burden of entitlement spending. More specifically, demographic changes and ill-designed programs will combine to...
by Dan Mitchell | Mar 17, 2015 | Big Government, Blogs, Economics, Government Spending
I feel a bit schizophrenic when people ask me my opinion of Republicans on Capitol Hill. When I’m in a good mood (or being naively optimistic, some might argue), I applaud them for blocking Obama’s spending agenda. The fights over sequestration, debt limits, and...
by Dan Mitchell | Mar 6, 2015 | Big Government, Blogs, Welfare and Entitlements
Bad ideas definitely have the ability to cross borders. The income tax first appeared in England, on a temporary basis during the Napoleanic wars and then permanently in 1842. It then spread like a cancer to other parts of the world, eventuallyreaching – and plaguing...
