by Dan Mitchell | Sep 23, 2023 | Big Government, Blogs, Welfare and Entitlements
Many nations face a slow-motion fiscal crisis because of demographics. To be more specific, politicians last century created welfare states and social-insurance systems that take money from workers in order to provide pensions and health care to old...
by Robert O'Quinn | Sep 8, 2023 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] Federal Spending Primer, Part III: The Spending Problem is an Entitlement Problem By Robert P. O’Quinn* Part I of this series explained that there are different types of spending while Part II noted that the overall burden of federal spending...
by Dan Mitchell | Aug 3, 2023 | Uncategorized
I’m a strong believer in rights, assuming they are defined properly (i.e., they don’t require trampling on the rights of others). Unfortunately, many politicians assert people have “rights” that can only be fulfilled by exploiting others...
by Dan Mitchell | Jul 6, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I sometimes disagree with the Committee for a Responsible Federal Budget because they mistakenly focus on reducing deficits and debt, which makes them very vulnerable to supporting counterproductive tax increases (such as...
by Dan Mitchell | Jun 29, 2023 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue a now-annual tradition (see 2018, 2019, 2020, 2021, 2022) of sharing some very bad news about America’s fiscal future. Here’s the most...