by Dan Mitchell | Feb 22, 2021 | Big Government, Blogs, Welfare and Entitlements
There are many compelling economic arguments against entitlement programs. They discourage savings.They discourage work.They are funded with taxes.They are funded with debt. Since I’m a libertarian, I also have moral concerns about...
by Dan Mitchell | Nov 12, 2020 | Big Government, Blogs, Welfare and Entitlements
I’m a voracious consumer of publications that rank economic liberty and national competitiveness. Simply stated, these apples-to-apples rankings tell us which countries have policies that are friendly to growth (and thus the places that will enjoy rising living...
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 23, 2020 | Big Government, Blogs, Welfare and Entitlements
There are many reasons to be depressed about Italy. Bad policy is part of the problem, of course, but this chart shows that the country also is facing a demographic crisis. The blue lines show that there are now more deaths than births. The chart comes from...
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,...
