by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending
America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...
by Dan Mitchell | Feb 20, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
One of my presentations at CPAC addressed America’s long-term entitlement crisis. I was part of a panel organized by the National Taxpayers Union, and I discussed how to solve the long-run fiscal problems caused by Social Security, Medicare, and Medicaid. The lighting...
by Dan Mitchell | Feb 19, 2011 | Big Government, Blogs, Government Spending
After dozens of posts about overpaid government employees, I’m sick of writing about the topic. But what’s happening in Wisconsin is critically important in the fight for long-run fiscal sanity, so I’m reluctantly wading back into this fight. Simply stated,...
by CF&P | Feb 16, 2011 | Big Government, Blogs, Government Spending
Fiscal policy wonks (like me, I’m forced to admit) sometimes miss the forest because we focus too much on individual trees. So while I think my posts on the spending and revenue sides of Obama’s new budget contained lots of useful information, I didn’t pay any...
by Brian Garst | Feb 14, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
President Obama unveiled his fiscal year 2012 budget today, and there’s good news and bad news. The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government...
