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Debt, Entitlements, Downgrades, Unfunded Liabilities, and the Europeanization of America

by Dan Mitchell | Aug 9, 2011 | Big Government, Blogs, Government Spending

I cover a wide range of issues in this interview for Bloomberg Asia. My main theme, not surprisingly, is that government is too big. And I specifically warn about the looming explosion of entitlement spending as the baby boom generation retires.

Obama’s Failed Response to the Downgrade and the Outlook for Fixing America’s Spending Crisis

by Dan Mitchell | Aug 8, 2011 | Big Government, Blogs, Economics, Government Spending

President Obama just spoke about the downgrade and his remarks were very disappointing. He uttered some empty platitudes, offered no plan, (amazingly) called for more government spending, and continued his advocacy of class-warfare taxation. So what does this mean?...

To Be Fair, Obama’s Responsibility for the Downgrade Is only 15 Percent

by Dan Mitchell | Aug 7, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements

It was a strange experience to read the comments and emails generated by yesterday’s post on the “Obama downgrade.” Democrats and liberals were upset that I blamed Obama for the downgrade, as you might expect. Republicans and conservatives, however, were agitated that...
Notwithstanding Paul Krugman’s Assurances, the United Kingdom Announces More Healthcare Rationing

Notwithstanding Paul Krugman’s Assurances, the United Kingdom Announces More Healthcare Rationing

by Dan Mitchell | Jul 28, 2011 | Blogs, Health Care

A couple of years ago, Paul Krugman assured us that government-run healthcare was a good idea, writing that “In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these stories are...

Block-Granting Medicaid Is a Long-Overdue Way of Restoring Federalism and Promoting Good Fiscal Policy

by Dan Mitchell | Jun 12, 2011 | Big Government, Blogs, Economics, Government Spending, Health Care, Welfare and Entitlements

This new video from the Center for Freedom and Prosperity explains why Medicaid should be shifted to the states. As I note in the title of this post, it’s good federalism policy and good fiscal policy. But the video also explains that Medicaid reform is good health...
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