by Dan Mitchell | Apr 14, 2023 | Big Government, Blogs, Welfare and Entitlements
The big fiscal fight in Washington is whether the United States should become a European-style welfare state. In part, this is automatically happening because of demographic change and poorly designed entitlement programs. But there’s...
by Dan Mitchell | Mar 22, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
Leftists should be nice to rich people people because those entrepreneurs, investors, and business owners are the ones financing the federal government. However, there are too few rich people to finance a European-sized welfare state. The above video is...
by Dan Mitchell | Mar 17, 2023 | Big Government, Blogs, Welfare and Entitlements
I wrote last week about President Macron’s very modest effort to slow down the growth of the welfare state and started with a chart showing that France has the highest overall burden of government spending in the developed world. The good news (relatively speaking) is...
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...
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...
