by Dan Mitchell | Jun 7, 2011 | Big Government, Economics, Health Care, Welfare and Entitlements
This is the most depressing – but revealing – thing I have read in a long time: “the health-care sector has twice as many clerical workers as nurses and nine times as many as doctors.” That passage is from a very good column by Robert Samuelson, in which he covers a...
by Dan Mitchell | Jun 5, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
I’ve beaten up on Newt Gingrich for his views on global warming and his attack on the Ryan budget plan, but I’m completely on his side in the faux controversy about whether it is racist to call Barack Obama the “food stamp president.” This story from ABC News should...
by Dan Mitchell | May 22, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Last night, I spoke at the closing dinner of the European Resource Bank. My message was simple and straightforward: Entitlement programs are killing the developed world. That’s not exactly a surprise, but what may be shocking is America’s relative position. In my...
by Dan Mitchell | May 19, 2011 | Big Government, Blogs, Government Waste, Welfare and Entitlements
I wrote yesterday about the shocking case of a millionaire collecting food stamps. Today, I have an equally disgusting story of government waste. The Social Security program is actuarially bankrupt, with unfunded liabilities of several trillion dollars. Our topic...
by Dan Mitchell | May 18, 2011 | Big Government, Blogs, Government Waste, Welfare and Entitlements
Not that we needed any additional evidence that the government wastes money in truly spectacular fashion, but this story from the Detroit Free Press is especially disgusting and outrageous. A man who won $2 million on a Michigan lottery show has told a TV station that...