by Dan Mitchell | Jan 29, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The Obama Administration has already announced a bunch of tax increases that will be part of the President’s soon-to-be-released budget. But, in a remarkable development, the White House has preemptively thrown in the towel and said that it will no longer pursue a...
by Dan Mitchell | Jan 14, 2015 | Big Government, Blogs, Economics, Welfare and Entitlements
The modern welfare state is a disaster. But rather than go into lengthy details, let’s simply look at some very powerful images (click for enlarged view). Probably the most damning evidence is that the poverty rate in America was steadily falling after World War II....
by Dan Mitchell | Jan 1, 2015 | Big Government, Blogs, Europe, Health Care, Welfare and Entitlements
Let’s look at three very important things that may happen this year and what they might mean. 1. Will the Republican Senate support genuine entitlement reform? One of the best things to happen in recent years is that House Republicans embraced genuine entitlement...
by Dan Mitchell | Dec 28, 2014 | Big Government, Blogs, Bureaucracy, Government Spending, Welfare and Entitlements
We have some good news to share. A government has just announced that it is going to end the unfair practice of giving government bureaucrats pension benefits that are far greater than those available for workers in the economy’s productive sector. Can you guess which...
by Dan Mitchell | Nov 14, 2014 | Big Government, Blogs, Government Spending, Health Care
I’ve been fretting for a long time that poorly designed entitlement programs are going to turn America into a decrepit welfare state. Medicare obviously is a big part of the problem, but the fraud-riddled Medicaid program may be even worse. The program is a...