by Dan Mitchell | Apr 1, 2023 | Big Government, Blogs, Government Spending
The 2023 Social Security Trustees Report was released yesterday, and just like I did last year (and the year before, and the year before that, etc), let’s look at the fiscal status of the retirement program. There is a lot of data in...
by Dan Mitchell | Mar 21, 2023 | Blogs, Economics, Laffer Curve, Taxation
Back in 2010, I shared a comparison of Obama and JFK on tax policy. For an update, here’s a comparison of Biden’s class-warfare agenda with JFK’s supply-side agenda. I’m sharing this video for two reasons. The first reason is that it...
by Dan Mitchell | Mar 16, 2023 | Blogs, Taxation
Last week, I wrote about Biden’s proposed budget, focusing on the aggregate increase in the fiscal burden. Today, let’s take a closer look at his class-warfare tax proposals. Consider this Part VI in a series (Parts I-V can be...
by Dan Mitchell | Mar 10, 2023 | Big Government, Blogs, Government Spending, Taxation
President Biden has released his 2024 budget, which mostly recycles the tax-and-spend proposals that he failed to achieve as part of his original “Build Back Better” plan. It is not easy figuring out his worst policy. Is it one of the proposed tax...
by Dan Mitchell | Feb 23, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Some American politicians, such as Joe Biden and Donald Trump, are very much opposed to dealing with Social Security, even though the current system has a massive $56 trillion cash-flow deficit. For all intents and purposes, both the current...
