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...
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...
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...