by Dan Mitchell | Sep 8, 2013 | Blogs, Economics
Most Western nations have huge long-run fiscal problems because of unfavorable demographics and misguided entitlement programs. That’s the bad news. The good news is that dozens of nations have fully or partially shifted to mandatory private savings as a pro-growth...
by Dan Mitchell | Jul 3, 2013 | Big Government, Blogs, Government Spending
According to the Bank for International Settlements, the United States has a terrible long-run fiscal outlook. Assuming we don’t implement genuine entitlement reform, the only countries in worse shape are the United Kingdom and Japan. The Organization for Economic...
by Dan Mitchell | Jun 14, 2013 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve done a handful of TV debates on Social Security, including the time I said that I wished Republicans had a secret plan for personal retirement accounts. So I thought I was well prepared for this duel with a defender of the status quo on Fox Business Network. I...
by Dan Mitchell | Jun 1, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other...
by Dan Mitchell | May 8, 2013 | Uncategorized
I’ve cited some remarkable examples of Orwellian language abuse. The World Bank published a study of national tax systems and countries with higher tax burdens were rewarded with a grade of “high effort.” A German bureaucrat accused a Czech politician of “obstructing...
