by Dan Mitchell | Aug 12, 2024 | Big Government, Blogs, Government Spending
In Part I of this series, I groused that Donald Trump and Kamala Harris are both very irresponsible about Social Security. Instead of proposing good reforms (or even bad reforms!), they want to kick the can down the road and pretend the problem doesn’t exist. Even...
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...
