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Yes, Social Security Is a Ponzi Scheme

Yes, Social Security Is a Ponzi Scheme

by Dan Mitchell | Mar 2, 2025 | Big Government, Blogs, Welfare and Entitlements

When I write about Social Security, my main goal is to point out how Americans would be much richer if the United States had personal retirement accounts based on real savings (like workers in Australia, Chile, Switzerland, Hong...
Advice for DOGE: Curtail Record Welfare Spending in Washington

Advice for DOGE: Curtail Record Welfare Spending in Washington

by Dan Mitchell | Feb 23, 2025 | Big Government, Blogs, Welfare and Entitlements

At the start of the year, I pointed out how politicians used the pandemic as an excuse to increase the long-run trend line of government spending. Today, let’s look at how one component of the federal budget has contributed to America’s perilous fiscal...
What Country Has the Best System of Health Care?

What Country Has the Best System of Health Care?

by Dan Mitchell | Feb 22, 2025 | Blogs, Free Market, Health Care

Which nation has the best health system? Is it a country with overtly government-run health care, like the United Kingdom? Is it Singapore, with its one-of-a-kind system of mandatory private savings? Is it the United States, notwithstanding being...
California’s Slow and Steady Fiscal Death

California’s Slow and Steady Fiscal Death

by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation

California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
France and Fiscal Suicide, Part III

France and Fiscal Suicide, Part III

by Dan Mitchell | Feb 14, 2025 | Big Government, Blogs, Government Spending

In Part I of this series, I wrote about the size of government in France (it’s too big). In Part II of this series, I wrote about the growth of government in France (it’s growing too fast). For Part III of the series, let’s consider some of the...
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