by Dan Mitchell | Dec 8, 2017 | Big Government, Blogs, Welfare and Entitlements
I wrote yesterday about “the world’s demographic problem,” citing a new study about the fiscal implications of aging populations. The report was produced by the Organization for Economic Cooperation and Development, which is not my favorite international...
by Dan Mitchell | Oct 13, 2017 | Big Government, Blogs, Government Spending
Back in 2013, when I was still doing a “question of the week” column, I suggested that Australian was the best option for those contemplating a new home in the event of some sort of Greek-style fiscal collapse in the United States. I pointed out that America wasn’t in...
by Dan Mitchell | Aug 29, 2017 | Uncategorized
Most people understand that there’s a Social Security crisis, but they only know half the story. The part of the crisis they grasp is that the program is basically bankrupt, though I doubt many of them realize that the long-run shortfall is a staggering $44 trillion....
by Dan Mitchell | Jun 16, 2017 | Big Government, Blogs, Welfare and Entitlements
There’s a lot to admire about Switzerland, particularly compared to its profligate neighbors. It has a spending cap, imposed in a landslide referendum early last decade, that has constrained the growth of government. It has a genuinely decentralized system with a very...
by Dan Mitchell | May 10, 2017 | Blogs, Economics
I’ve repeatedly argued that there are two Social Security crises. The one most people know about is the fiscal crisis. Simply stated, the program is bankrupt. But you don’t have to believe me. Here are some excerpts from a CNBC column. The Social Security...
