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The Ticking Fiscal Time Bomb of Social Security

by Dan Mitchell | May 11, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

America has a giant long-run problem largely caused by poorly designed entitlement programs such as Social Security, Medicare, and Medicaid. So when I wrote last month about proposals by some Democrats to expand Social Security, I was less than enthusiastic....
Social Security, Vote Buying, and the Road to Greece

Social Security, Vote Buying, and the Road to Greece

by Dan Mitchell | Apr 16, 2015 | Big Government, Blogs, Government Spending, Welfare and Entitlements

What’s America’s main fiscal policy challenge, particularly in the long run? Most sensible people will agree that our greatest threat is the rising burden of entitlement spending. More specifically, demographic changes and ill-designed programs will combine to...

The Global Private Social Security Revolution

by Dan Mitchell | Feb 8, 2015 | Big Government, Blogs, Economics, Government Spending

Last month, I posted “the cartoon argument” for Social Security reform. My main goal, as an American, is to achieve this important reform in the United States. And I’ve tried to bolster the argument by citing lots of hard data, including the fact that “funded”...

Can You Guess the Jurisdiction that Is Ending Special Pension Advantages for Government Bureaucrats?

by Dan Mitchell | Dec 28, 2014 | Big Government, Blogs, Bureaucracy, Government Spending, Welfare and Entitlements

We have some good news to share. A government has just announced that it is going to end the unfair practice of giving government bureaucrats pension benefits that are far greater than those available for workers in the economy’s productive sector. Can you guess which...

The New York Times Accidentally Admits Superiority of Privatized Social Security

by Dan Mitchell | Oct 17, 2014 | Big Government, Blogs, Welfare and Entitlements

I confess that I get a bit of perverse pleasure when a left-leaning media outlet screws up and inadvertently shares information that helps the cause of limited government. A New York Times columnist, for instance, pushed for a tax-hiking fiscal agreement back in 2011...
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