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Entitlements: The “Most Predictable Economic Crisis in History”

Entitlements: The “Most Predictable Economic Crisis in History”

by Dan Mitchell | Mar 6, 2018 | Big Government, Blogs, Government Spending

Writing about federal spending last week, I shared five charts illustrating how the process works and what’s causing America’s fiscal problems. Most important, I showed that the ever-increasing burden of federal spending is almost entirely the result of domestic...

The Under-Appreciated Success of Canadian Welfare Reform

by Dan Mitchell | Dec 12, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Back in 2014, I shared a report that looked at the growth of redistribution spending in developed nations. That bad news in the story was that the welfare state was expanding at a rapid pace in the United States. The good news is that the overall fiscal burden of...

The IMF’s Recipe for Equal Levels of Decline and Stagnation

by Dan Mitchell | Nov 15, 2017 | Uncategorized

Inequality is now a major dividing line in the world of public policy. Supporters of limited government think it’s not a big issue and instead focus on the policies that are most likely to generate growth. Simply stated, they tend not to care if some people get richer...

More Honesty from the Left: The Goal Is Big Tax Increases for the Middle Class

by Dan Mitchell | Oct 19, 2017 | Big Government, Blogs, Taxation

I’ve written several times that the left wants big tax hikes on poor and middle-class taxpayers. Simply stated, that’s the only way they can finance a European-sized welfare state. Some of them even admit they want to pillage ordinary taxpayers. The editors at the New...
Entitlements: The “Most Predictable Economic Crisis in History”

Demographic Change and Entitlement Disaster

by Dan Mitchell | Oct 6, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Imagine that we’re in a parallel universe and that you’re the lookout on the Titanic. But in this make-believe world, you have all sorts of fancy radar that allows you to detect icebergs with lots of advance notice. Furthermore, imagine that you detect danger and give...
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