by Dan Mitchell | Dec 9, 2010 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Maybe elections have consequences after all. Bolstered by the populist uprising against bloated and wasteful government, politicians in Washington actually defended the interests of taxpayers yesterday. Not just once, but twice. Our first bit of holiday cheer comes...
by Dan Mitchell | Oct 23, 2010 | Big Government, Blogs, Welfare and Entitlements
I’m just making up the 1.94 percent number, but the International Herald Tribune reported last year that unfunded liabilities in France are nearly 550 percent of GDP. The news reports don’t include any estimates of what Sarkozy’s reform will mean, but I would be...
by Dan Mitchell | Oct 9, 2010 | Big Government, Blogs, Economics, Government Spending
The Economist has a fascinating webpage that allows you to look at all the world’s nations and compare them based on various measures of government debt (and for various years). The most economically relevant measure is public debt as a share of GDP, and you can see...
by Dan Mitchell | Sep 14, 2010 | Big Government, Blogs, Welfare and Entitlements
I am pleasantly shocked to see that a healthy majority of respondents favor partial privatization of Social Security. I knew support was reasonably strong several years ago, but I feared that the financial crisis would have made Americans more leery of financial...
by Dan Mitchell | Sep 3, 2010 | Big Government, Blogs, Government Spending, Welfare and Entitlements
If you saw the Wall-E movie, you may remember how people morphed into helpless blobs because all their needs were being fulfilled by something called BNL. I realize I’m a quirky libertarian, but the movie made me think about how excessive government is doing something...
