by Dan Mitchell | Aug 16, 2016 | Big Government, Blogs, Economics, Government Spending
Remember Bill Murray’s Groundhog Day, the 1993 comedy classic about a weatherman who experiences the same day over and over again? Well, the same thing is happening in Japan. But instead of a person waking up and reliving the same day, we get politicians pursuing the...
by Dan Mitchell | Aug 14, 2016 | Big Government, Blogs, Bureaucracy, Economics, Government Spending
I’ve written (some would say excessively) about the fact that America has too many bureaucrats and that they’re paid too much. That’s true in Washington. That’s true at the state level. And it’s true for local governments. But since I’m a big believer in beating a...
by Dan Mitchell | Jul 8, 2016 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’m like a broken record when it comes to entitlement spending. I’ve explained, ad nauseam, that programs such as Medicare, Medicaid, Obamacare, and Social Security must be reformed. In part, genuine entitlement reform is a good idea because you get better economic...
by Dan Mitchell | Jun 26, 2016 | Big Government, Blogs, Welfare and Entitlements
The Social Security Administration has released the 2016 Trustees Report, which shines a spotlight on the overall fiscal condition of the program. In previous years (2012, 2013, 2014), I’ve used this opportunity to play Paul Revere. But instead of warning that the...
by Dan Mitchell | May 29, 2016 | Big Government, Blogs, Economics, Government Spending
The International Monetary Fund is a left-leaning bureaucracy that was set up to monitor the fixed-exchange-rate monetary system created after World War II. Unsurprisingly, when that system broke down and the world shifted to floating exchange rates, the IMF didn’t go...
