by Dan Mitchell | Mar 12, 2017 | Big Government, Blogs, Health Care
A couple of years ago, filled with disgust at the sleazy corruption of the federal Leviathan, I put forth a simple explanation for what happens in Washington, DC. I call it the “First Theorem of Government,” and I think it accurately reflects the real purpose and...
by Dan Mitchell | Sep 11, 2016 | Big Government, Blogs, Welfare and Entitlements
The burden of government spending is already excessive. But the numbers will get worse with the passage of time if policy is left on autopilot. The main culprits are the so-called mandatory programs. Entitlements such as Social Security, Medicare, Food Stamps,...
by Dan Mitchell | Aug 2, 2016 | Blogs, Health Care
Based on what’s been happening, those of us who have been warning about the fiscal burden of Medicaid, Medicare, and Obamacare could rest on our laurels and say “we told you so.” But it’s a Pyrrhic victory because being right means bad news for the country. Earlier...
by Andrew F. Quinlan | Jun 28, 2016 | Opinion and Commentary
This article originally appeared on The Blaze on June 28, 2016. The full costs of Obamcare’s ill-advised takeover of the health care system – whether measured in dollars or lives – are still being tallied. But one last thumb in the eye of taxpayers could come from the...
by Dan Mitchell | Jun 9, 2016 | Blogs, Economics
What’s the most important economic statistic to gauge a society’s prosperity? I often use per-capita economic output when comparing nations. But for ordinary people, what probably matters most is household income. And if you look at the median household income numbers...