by Dan Mitchell | Aug 11, 2024 | Big Government, Blogs, Welfare and Entitlements
Ten days ago, I wrote about the need to reform Social Security, citing the program’s terrible finances. Here’s a new video from Kite & Key showing the risks of doing nothing. Sadly, doing nothing is exactly what both Donald...
by Dan Mitchell | Aug 1, 2024 | Big Government, Blogs, Economics, Welfare and Entitlements
Since both Kamala Harris and Donald Trump want government to be a bigger burden, there is zero chance of entitlement reform in the next four years. But that doesn’t change the fact that personal retirement accounts would be an...
by Dan Mitchell | Jul 16, 2024 | Big Government, Blogs, Welfare and Entitlements
I’m in China this week, teaching about fiscal policy, convergence theory, and inequality at Northeastern University in Shenyang. So it’s a good opportunity to write about some pluses and minuses of Chinese economic policy. We’ll start this series...
by Dan Mitchell | Jun 21, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Earlier this week, the Congressional Budget Office issued a new 10-year fiscal forecast showing spending, revenues, and red ink between 2025 and 2034. As these examples show, almost all of the resulting headlines focused on deficits and...
by Dan Mitchell | May 24, 2024 | Big Government, Blogs, Welfare and Entitlements
Earlier this month, I wrote about Social Security’s huge fiscal problems, followed the next week by a column correcting some myths about the program that were disseminated by the Washington Post. Today, let’s cross the Atlantic Ocean because...
