by Dan Mitchell | Oct 2, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Mostly because of an aging population, entitlement spending in the United States is projected to become a much bigger burden. Without reform of those programs, the U.S. within a few decades will have a European-sized level of government spending....
by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
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...
