by Dan Mitchell | Aug 4, 2016 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Does the economic chaos in Greece suggest that government should be bigger? Is Venezuela’s economic collapse evidence that larger governments boost growth? Should we learn from Italy’s pervasive stagnation that public sectors should be expanded? Most people, looking...
by Dan Mitchell | Jul 18, 2016 | Big Government, Blogs, Welfare and Entitlements
Over the years, I’ve shared some clever images, jokes, and cartoons to expose the flawed mindset of those who hope to achieve coerced equality of outcomes with redistribution and high tax rates. The size of a pizza vs the share of a slice. The modern version of the...
by Dan Mitchell | Jul 2, 2016 | Big Government, Blogs, Welfare and Entitlements
As I’ve pointed out before, the big difference between the United States and Europe is not taxes on the rich. We both impose similar tax burden on high-income taxpayers, though Europeans are more likely to collect revenue from the rich with higher income tax rates and...
by Dan Mitchell | Jun 13, 2016 | Big Government, Blogs, Europe, Government Spending
Changing demographics is one of the most powerful arguments for genuine entitlement reform. When programs such as Social Security and Medicare (and equivalent systems in other nations) were first created, there were lots of young people and comparatively few old...
by Dan Mitchell | Jun 5, 2016 | Big Government, Blogs, Welfare and Entitlements
Like America’s Founders, I like constitutional constraints on government and dislike untrammeled majoritarianism. So my gut instinct is to reject Swiss-style direct democracy as a governing system. Yet I have to give credit to the Swiss people for being very sensible...