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Social Security’s Looming Fiscal Nightmare

by Dan Mitchell | Aug 10, 2014 | Big Government, Blogs, Welfare and Entitlements

With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the...

The Trans-Atlantic Version of Great Moments in Government-Run Healthcare

by Dan Mitchell | Aug 4, 2014 | Big Government, Blogs, Europe, Health Care, Welfare and Entitlements

When government suppresses the free market and takes over the healthcare sector, you get some really odd results. Consider these stories from Sweden:  A man sewing up his own leg after getting frustrated with a long wait. The government denying a wheelchair to a...

America’s Built-In Greek Fiscal Future

by Dan Mitchell | Aug 1, 2014 | Big Government, Blogs, Government Spending, Welfare and Entitlements

I had a very bad lunch today. But not because of what I ate. My lunch was unpleasant because I moderated anoontime panel on Capitol Hill featuring Senator Ron Johnson of Wisconsin and my Cato colleague Chris Edwards. And I should hasten to add that they were splendid...

Obamacare is Bad News for Your Wallet Today and Worse News for Your Wallet Tomorrow

by Dan Mitchell | Jul 9, 2014 | Big Government, Blogs, Health Care, Welfare and Entitlements

I wrote a few weeks ago about the hidden economic damage of Obamacare, particularly the harm to the job market. Today, let’s get further depressed by looking at the ever-worsening fiscal damage of the law. Here’s some of what Chuck Blahous of Mercatus wrote about this...
The Slow-Motion Train Wreck of Entitlement Programs

The Slow-Motion Train Wreck of Entitlement Programs

by Dan Mitchell | May 8, 2014 | Big Government, Blogs, Government Spending

The Census Bureau just released a report on America’s aging population. The big takeaway is that our population will be getting much older between now and 2050. And since I’m a baby boomer, I very much like the fact that we’re expected to live longer. But as a public...
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