by Dan Mitchell | May 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The American Enterprise Institute has published a comprehensive budgetary plan entitled, “Tax and spending reform for fiscal stability and economic growth.” Authored by Joseph Antos, Andrew G. Biggs, Alex Brill, and Alan D. Viard, all of whom I know and admire, this...
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....
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...
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”...
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...