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France and Fiscal Suicide

France and Fiscal Suicide

by Dan Mitchell | Mar 7, 2023 | Big Government, Blogs, Welfare and Entitlements

Which European nation has the costliest welfare state? Greece would be a good guess, but it’s only in second place. At the top of the list, according to OECD data, is France, where government spending consumes nearly 60 percent of the nation’s economic...
The Adverse Economic Consequences of Busting Social Security’s Wage Base Cap

The Adverse Economic Consequences of Busting Social Security’s Wage Base Cap

by Dan Mitchell | Feb 7, 2023 | Big Government, Blogs, Welfare and Entitlements

Today we are going to look at proposals to expand the burden of Social Security payroll taxes, and let’s start by recycling this 2008 video. All of the analysis in the video is still accurate, but two of the numbers need to be updated. Social Security’s long-run...
The Economic and Societal Case Against Per-Child Handouts, Part I

The Economic and Societal Case Against Per-Child Handouts, Part I

by Dan Mitchell | Nov 29, 2022 | Big Government, Blogs, Welfare and Entitlements

The worst piece of legislation in 2021 was Biden’s so-called stimulus, which added $1.9 trillion to America’s fiscal burden. The worst provision of that legislation almost certainly was a temporary per-child entitlement of $3,000-$3,600. Biden then...
Cry for Argentina

Cry for Argentina

by Dan Mitchell | Nov 17, 2022 | Big Government, Blogs, Welfare and Entitlements

When I write about Argentina, I normally have bad things to say. The world’s worst-performing economy over the past 100 years.A nation victimized by a version of modern monetary theory.An example of how big...
Brett Favre, Redistribution, Welfare Reform, and Government-Enabled Corruption

Brett Favre, Redistribution, Welfare Reform, and Government-Enabled Corruption

by Dan Mitchell | Oct 12, 2022 | Big Government, Blogs, Welfare and Entitlements

I have repeatedly opined that big government enables corruption. And I have also asserted over and over again that big government is a racket for the benefit of insiders. So you can understand why I...
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