by Dan Mitchell | Jun 3, 2025 | Big Government, Blogs, Welfare and Entitlements
I routinely explain that entitlement programs are a ticking time bomb, and I castigate politicians who want to kick the can down the road (or make a bad situation even worse). This is a global problem, not merely an American problem. In...
by Dan Mitchell | May 13, 2025 | Big Government, Blogs, Welfare and Entitlements
Here are five grim – but uncontestable – facts about America’s dicey fiscal future. The federal government’s budget is very large today and is expected to get much larger in the future. Entitlement programs are the primary reason why federal spending is an...
by Dan Mitchell | May 9, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
I’m currently in Finland for meetings with various people and I learned that the country’s bloated public sector and expensive welfare state are imposing a very heavy cost on the economy. How heavy of a cost? According to IMF data, there’s...
by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation
Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
by Dan Mitchell | Mar 18, 2025 | Big Government, Blogs, Welfare and Entitlements
Government is far too big today and it will become an even bigger burden in the future because of demographic changes and poorly designed entitlements. There’s no way to fix this problem without a major effort to shrink the redistributive...
