by Dan Mitchell | Jan 19, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
Serious and responsible people (in other words, not Trump or Biden) know that Social Security has a massive long-run problem. A fast-growing number of seniors are expecting future benefits but only a slow-growing number of workers will be paying into the...
by Dan Mitchell | Jul 21, 2022 | Big Government, Blogs, Health Care, Welfare and Entitlements
If Joe Biden’s bungled economic policy is any indication, the GOP may wind up controlling Washington in the not-too-distant future. If so, I hope Republicans rekindle their interest in the kind of genuine entitlement reform discussed in this interview. But...
by Dan Mitchell | Jun 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
As part of my recent appearance on The Square Circle (we discussed Uvalde police, gun control, and Ukraine), I said that the new Social Security numbers were the under-reported story of the week. For more details, I was referring to the latest Trustees Report,...
by Dan Mitchell | Apr 30, 2022 | Blogs
In the make-believe country of Libertaria, there is no such thing as Social Security or any other type of government-mandated retirement policy. In the real world, however, most nations have created “pay-as-you-go” retirement schemes based on taxing...
by Dan Mitchell | Dec 18, 2021 | Big Government, Blogs
One reason I’m interested in Chile’s election is that the leftist candidate, Gabriel Boric, wants to eviscerate the nation’s successful private pension system. Bettina Horst of Libertad Y Desarrollo gave me her analysis. As an economist and Executive Director of the...
