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Tag Archives : unfunded liabilities

Yes, Social Security Is a Ponzi Scheme

Yes, Social Security Is a Ponzi Scheme

Posted on March 2, 2025

This shouldn’t be controversial.

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Which State Has the Most OPEB Debt of All?

Which State Has the Most OPEB Debt of All?

Posted on December 23, 2024

“Other Post-Employment Benefits” include health care and life insurance.

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America’s Next Crisis: Unfunded Pensions for State and Local Bureaucrats

America’s Next Crisis: Unfunded Pensions for State and Local Bureaucrats

Posted on June 25, 2020

A fiscal disaster is going to explode in the not-too-distant future.

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New Numbers Confirm Social Security’s Dismal Fiscal Outlook

New Numbers Confirm Social Security’s Dismal Fiscal Outlook

Posted on April 24, 2020

Do you want the bad news or the worse news?

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The Looming Fiscal Nightmare of Extravagant Unfunded Pensions for State and Local Bureaucrats

The Looming Fiscal Nightmare of Extravagant Unfunded Pensions for State and Local Bureaucrats

Posted on April 16, 2018

Bureaucrats are making out like bandits

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Michigan’s Pro-Market Revival

Michigan’s Pro-Market Revival

Posted on September 26, 2017

Lawmakers took a real step in the right direction.

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Social Security’s Creeping Fiscal Crisis

Social Security’s Creeping Fiscal Crisis

Posted on July 18, 2017

Social Security deficits are going to explode in coming decades.

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Demographics + Entitlements = Europe’s Doom

Demographics + Entitlements = Europe’s Doom

Posted on March 8, 2016

Jaw-dropping numbers European Commission’s Ageing Report.

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Will Taxpayers Be Forced to Bail Out Union Pensions?

Will Taxpayers Be Forced to Bail Out Union Pensions?

Posted on April 16, 2014

As a supporter of genuine capitalism, which means the right of contract and the absence of coercion, I don’t think there should be any policies that help or hinder unions. The government should simply be a neutral referee that enforces contracts and upholds the rule of law. Similarly, I also don’t have any philosophical objection to employers and employees […]

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Medicare: Recipients Pay for Hamburger, They Get a Hamburger, but Taxpayers Are Being Charged for a Steak

Medicare: Recipients Pay for Hamburger, They Get a Hamburger, but Taxpayers Are Being Charged for a Steak

Posted on September 22, 2013

One of the challenges of good entitlement reform (or even bad entitlement reform) is that recipients think they’ve “earned” benefits. If you tell them that programs such as Medicare are unsustainable and need to be changed, some of them suspect you’re trying to somehow cheat them. After all, they were forced to cough up payroll […]

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