by Dan Mitchell | Dec 2, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
As noted in my First Theorem of Government, politics is a largely a scam, a way for well-connected insiders to obtain undeserved wealth. With taxpayers, consumers, and businesses bearing the cost, of course. Unfortunately (but perhaps...
by Dan Mitchell | Oct 22, 2025 | Big Government, Blogs, Welfare and Entitlements
In 2018, I shared a visual that I referred to as the western world’s “most depressing chart.” It showed how the welfare state exploded in size after World War II and is now an enormous fiscal burden. This has been bad news for taxpayers, of course, but...
by Dan Mitchell | Mar 10, 2021 | Big Government, Blogs, Welfare and Entitlements
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn. That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory...
by Dan Mitchell | Oct 14, 2020 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Bernie Sanders was considered a hard-core leftist because his platform was based on higher taxes and higher spending. Elizabeth Warren also was considered a hard-core leftist because she advocated a similar agenda of higher taxes and higher spending. And Joe Biden,...
by Dan Mitchell | Jul 1, 2020 | Big Government, Blogs, Welfare and Entitlements
Before our depressing discussion today about the fiscal impact of entitlement programs (Social Security, Medicare, Medicaid, EITC, Food Stamps, welfare, and Obamacare, etc), here’s a video of how it all began. I think this is a great introduction to the issue,...
