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The Second Social Security Crisis

The Second Social Security Crisis

by Dan Mitchell | Jul 15, 2018 | Big Government, Blogs, Welfare and Entitlements

If you did man-on-the-street interviews across America and asked people about Social Security, I suspect most of them would have some degree of understanding about the program’s looming fiscal crisis. Since they’re not policy wonks, they presumably wouldn’t know the...

The Ever-Expanding Fiscal Burden of Social Security

by Dan Mitchell | Jun 6, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Writing a column every day can sometimes be a challenge, in part because of logistics (I have to travel a lot, which can make things complicated), but also because I want to make sure I’m sharing interesting and relevant information. My task, however, is very easy on...
Slovakia, Economic Reform, and National Competitiveness

Slovakia, Economic Reform, and National Competitiveness

by Dan Mitchell | May 15, 2018 | Big Government, Blogs, Government Spending, Taxation

I had mixed feeling when I spoke yesterday in Bratislava, Slovakia, as part of the 2018 Free Market Road Show. Last decade, Slovakia was a reform superstar, shaking off the vestiges of communism with a plethora of very attractive policies – including a flat...
Reforms to Sweden’s Retirement System and Lessons for the United States

Reforms to Sweden’s Retirement System and Lessons for the United States

by Dan Mitchell | Mar 28, 2018 | Big Government, Blogs, Welfare and Entitlements

Given Social Security’s enormous long-run financial problems, the program eventually will need reform. But what should be done? Some folks on the left, such as Barack Obama and Hillary Clinton, support huge tax increases to prop up the program. Such an approach would...

The Overwhelming Case for Chile’s Private Social Security System

by Dan Mitchell | Feb 2, 2018 | Blogs

The United States and other western nations became rich during the 1800s thanks to a combination of rule of law and very small government. Sadly, very few nations – most notably East Asian tiger economies – have become rich in the modern era. Yes, some other countries...
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