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Dramatic Increase in Poverty Rate: One Small Step for Obama, One Giant Step for the So-Called War on Poverty

by Dan Mitchell | Sep 13, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

The Census Bureau has just released the 2010 poverty numbers, and the new data is terrible. There are now a record number of poor people in America, and the poverty rate has jumped to 15.1 percent. But I don’t really blame President Obama for these grim numbers. Yes,...

Social Security Demagoguery from Mitt Romney and Michele Bachmann: Economically Wrong, Politically Wrong

by Dan Mitchell | Sep 12, 2011 | Big Government, Blogs, Welfare and Entitlements

Governor Rick Perry of Texas is being attacked by two rivals in the GOP presidential race. His sin, if you can believe it, is that he told the truth (as acknowledged by everyone from Paul Krugman to Milton Friedman) about Social Security being a Ponzi scheme. Here’s...

Bloomberg’s Flawed Response to Social Security Shortfall: Americans Should Pay More and Get Less

by Dan Mitchell | Sep 6, 2011 | Big Government, Blogs, Welfare and Entitlements

The editors at Bloomberg have decided that condemning younger workers to a more dismal future is the best way to deal with the Social Security program’s giant long-run shortfall. They want workers to pay higher taxes to prop up the bankrupt system. And, in exchange...

From the U.K., another Great Moment in Government-Run Healthcare

by Dan Mitchell | Sep 6, 2011 | Blogs, Health Care

I’ve written several times about the sometimes-deadly shortcomings of government-run healthcare in the United Kingdom (see here, here, here, here, here, here, here, and here), so I like to think I’m relatively immune to being surprised. But this story from the...

A Despicable Human Being Created by the British Welfare State?

by Dan Mitchell | Aug 17, 2011 | Big Government, Blogs, Welfare and Entitlements

Every so often, I can’t resist condemning someone for grossly immoral behavior. I beat up on Robert Murphy for stealing the value of someone else’s property. I attacked Olga Stefou for symbolizing the looter-class mentality of Greece. And I mocked Michael Wolfensohn...
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