by Dan Mitchell | Jan 19, 2023 | Big Government, Blogs, Government Spending
It is an understatement to declare that fiscal policy in France is terrible. The highest burden of government spending in Europe.The third-highest level of pension spending in the OECD.One of the biggest long-run fiscal...
by Dan Mitchell | Nov 28, 2022 | Big Government, Blogs, Welfare and Entitlements
Back in July, I made the case for the right kind of entitlement reform in a discussion with the folks at Live and Let Live. Today, I want to underscore why it is important to focus on “the right kind” of reform. On paper, you can save money with “means...
by Dan Mitchell | Jul 21, 2022 | Big Government, Blogs, Health Care, Welfare and Entitlements
If Joe Biden’s bungled economic policy is any indication, the GOP may wind up controlling Washington in the not-too-distant future. If so, I hope Republicans rekindle their interest in the kind of genuine entitlement reform discussed in this interview. But...
by Dan Mitchell | Jun 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
As part of my recent appearance on The Square Circle (we discussed Uvalde police, gun control, and Ukraine), I said that the new Social Security numbers were the under-reported story of the week. For more details, I was referring to the latest Trustees Report,...
by Dan Mitchell | Apr 30, 2022 | Blogs
In the make-believe country of Libertaria, there is no such thing as Social Security or any other type of government-mandated retirement policy. In the real world, however, most nations have created “pay-as-you-go” retirement schemes based on taxing...