by Dan Mitchell | Oct 31, 2025 | Big Government, Blogs, Welfare and Entitlements
Here’s a video I narrated nearly 15 years ago explaining why personal retirement accounts are superior to a government pay-as-you-go regime. Given the passage of time, it’s worth revisiting the issue to see what’s changed. Some information needs to be updated. The...
by Dan Mitchell | Aug 12, 2025 | Big Government, Blogs, Welfare and Entitlements
I wrote last December to share the results of a study Robert O’Quinn and I wrote for Canada’s Fraser Institute on pension systems in OECD nations. Our main goal was to show that personal retirement accounts are now surprisingly common,...
by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements
Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
by Dan Mitchell | Jun 20, 2025 | Big Government, Blogs, Welfare and Entitlements
I was not a fan of George W. Bush’s economic policy. But he had one idea – personal retirement accounts – that would have been great news for the country. The Committee to Unleash Prosperity has calculated the nest eggs that average...
by Dan Mitchell | Jun 19, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
The Social Security Administration has released the yearly forecast of the program’s long-run finances. Per tradition (see 2024, 2023, 2022, 2021, 2020, etc), that means it is time for my annual explanation of why we have a grim...