by CF&P | Jan 10, 2011 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, January 10, 2011 202-285-0244 www.freedomandprosperity.org New CF&P Video Explains How Personal Savings Accounts Would Save Social Security (Washington, D.C., Monday, January 10, 2011) A...
by Dan Mitchell | Jan 10, 2011 | Big Government, Blogs, Economics, Government Spending
There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely caused by demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager...
by Dan Mitchell | Dec 27, 2010 | Big Government, Blogs, Government Spending
A picture says a thousand words.
by Dan Mitchell | Nov 17, 2010 | Big Government, Blogs, Economics, Taxation
Back during the presidential campaign, Barack Obama proposed several tax increases. Some of those tax hikes, such as the proposed higher income tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers, have received a lot of public...
by Dan Mitchell | Oct 23, 2010 | Big Government, Blogs, Welfare and Entitlements
I’m just making up the 1.94 percent number, but the International Herald Tribune reported last year that unfunded liabilities in France are nearly 550 percent of GDP. The news reports don’t include any estimates of what Sarkozy’s reform will mean, but I would be...