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The Welfare State’s Damaging Impact on Europe, Part III

The Welfare State’s Damaging Impact on Europe, Part III

by Dan Mitchell | Jul 20, 2023 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements

Part I of this series reviewed some data about the United States growing much faster than the welfare states of the European Union. Part II of the series looked at some very depressing data about the European Union losing ground compared to the United States, even...
The Welfare State’s Damaging Impact on Europe, Part II

The Welfare State’s Damaging Impact on Europe, Part II

by Dan Mitchell | Jul 19, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements

In Part I of this series, we learned from a report in the Wall Street Journal that the combined economies of the European Union have grown by only 6 percent over the past 15 years compared to 82 percent growth in the United States. That is stunning evidence...
The Welfare State’s Damaging Impact on Europe, Part I

The Welfare State’s Damaging Impact on Europe, Part I

by Dan Mitchell | Jul 18, 2023 | Big Government, Blogs, Welfare and Entitlements

At the risk of being repetitive, I’ve been arguing (and arguing, and arguing) that the United States should not turn its medium-sized welfare state into a European-style, large-sized welfare state. Simply stated, that’s a route...
The Most Economically Illiterate Tweet of 2023

The Most Economically Illiterate Tweet of 2023

by Dan Mitchell | Jun 27, 2023 | Blogs, Europe

Earlier this month, I mocked CNN for a nonsensical tweet about inflation. The network said there was no consensus about the cause of inflation even though it is glaringly obvious that the Federal Reserve’s bad monetary...
It Makes No Sense to Copy European Fiscal Policy

It Makes No Sense to Copy European Fiscal Policy

by Dan Mitchell | Jun 22, 2023 | Big Government, Blogs, Welfare and Entitlements

The big fiscal debate in the United States is whether the United States should become a European-style welfare state, which is something that automatically will happen over the next few decades in the absence of genuine entitlement reform. Some...
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