by Dan Mitchell | Jan 21, 2016 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
This isn’t intentional, but there’s been a European theme to this week’s posts. I wrote yesterday about economic chaos in France, and the previous day I wrote about the grim consequences of Italian statism. Today, we’re going to look at Greece. In the past, I’ve...
by Dan Mitchell | Jan 18, 2016 | Big Government, Blogs, Economics, Welfare and Entitlements
Let’s dig into the issue of whether the United States should become more like France. In a 2014 study for the National Bureau of Economic Research, Stanford University’s Robert Hall wrote about America’s sub-par economic performance. His opening line was basically a...
by Dan Mitchell | Nov 22, 2015 | Big Government, Blogs, Welfare and Entitlements
When I wrote earlier this year about “Europe’s suicidal welfare state,” it wasn’t so that I could make points about excessive spending and demographic decline. Yes, those are very important issues. But I was focusing instead on the fact that Europe’s welfare states...
by Dan Mitchell | Nov 6, 2015 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Three years ago, I shared a chart about the fiscal burden of the welfare state, calling it the picture that says a thousand word. It’s astounding, after all, that taxpayers spend so much money on means-tested programs and get such miserable results. Indeed, if we took...
by Dan Mitchell | Oct 28, 2015 | Big Government, Blogs, Europe, Welfare and Entitlements
I periodically make comparisons of the United States and Europe that are not very flattering for our cousins across the Atlantic. Though this isn’t because of any animus toward Europe. Indeed, I always enjoy my visits. And some of America’s best (albeit eroding)...