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Who’s Winning the Race to Fiscal Destruction: Europe or the United States?

by Dan Mitchell | Nov 7, 2011 | Big Government, Blogs, Economics, Government Spending

Even though the unwashed masses decided that I didn’t win my stimulus debate in New York City, I continue my fight for the hearts and minds of the American people. I’m now taking part in a debate for U.S. News & World Report on “Who Is Handling Its Debt Crisis...

The Deadly Impact of Government-Run Healthcare in the U.K., but Don’t Expect a Krugman Retraction or Apology

by Dan Mitchell | Oct 15, 2011 | Big Government, Blogs, Health Care

The United Kingdom has one of the most statist healthcare systems in the world. Indeed, my Cato colleague Mike Tanner produced an excellent study showing that the U.K. system is  more rigid and centralized than what is found even in nations such as Germany and France....

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...
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