by Dan Mitchell | Mar 24, 2023 | Big Government, Blogs, Welfare and Entitlements
I’ve repeatedly expressed opposition to “universal basic income” and I repeated those concerns as part of a conference at the Acton Institute earlier this week. If you don’t want to spend two minutes to watch the video, all you need to know is that I’m worried that...
by Dan Mitchell | Mar 20, 2023 | Blogs
There are some policy fights that focus on technical disagreements (for instance, how much do deadweight losses increase when tax rates go up?) and other policy fights that involve moral disagreements (for instance, should drugs be...
by Dan Mitchell | Feb 7, 2023 | Big Government, Blogs, Welfare and Entitlements
Today we are going to look at proposals to expand the burden of Social Security payroll taxes, and let’s start by recycling this 2008 video. All of the analysis in the video is still accurate, but two of the numbers need to be updated. Social Security’s long-run...
by Dan Mitchell | Nov 29, 2022 | Big Government, Blogs, Welfare and Entitlements
The worst piece of legislation in 2021 was Biden’s so-called stimulus, which added $1.9 trillion to America’s fiscal burden. The worst provision of that legislation almost certainly was a temporary per-child entitlement of $3,000-$3,600. Biden then...
by Dan Mitchell | Nov 24, 2022 | Blogs, Economics, Socialism
I normally share this video from Reason every Thanksgiving. But this year I’m going to recycle instead a video from John Stossel. The moral of the story is that societies based on collectivism do not succeed. People don’t work...
