by Dan Mitchell | Jul 14, 2012 | Big Government, Blogs, Welfare and Entitlements
I wrote last year about the way in which welfare programs lead to very high implicit marginal tax rates on low-income people. More specifically, they lose handouts when they earn income. As such, it is not very advantageous for them to climb the economic ladder...
by Dan Mitchell | Jul 7, 2012 | Big Government, Blogs, Government Spending
Regular readers know about Mitchell’s Golden Rule, which is the simple – but essential – notion that the burden of government spending shouldn’t grow faster than the private sector. Well, after reading this utterly depressing news about how the number of people riding...
by Dan Mitchell | Jun 30, 2012 | Big Government, Blogs, Government Spending, Welfare and Entitlements
In their never-ending efforts to buy votes with other people’s money (see the first cartoon in this post), politicians have been expanding the welfare state and creating more dependency. This is bad for the overall economy because it means a larger burden of...
by Dan Mitchell | Jun 26, 2012 | Big Government, Blogs, Welfare and Entitlements
In past posts, I’ve groused about food stamp abuse, including people using them to buy luxury coffee at Starbucks and to purchase steaks and lobster. I’ve complained about college kids scamming the program, the “Octo-Mom” mooching off the program, and the Obama...
by Dan Mitchell | May 18, 2012 | Big Government, Blogs, Welfare and Entitlements
I wrote about Julia the Moocher earlier this month, linking the Obama campaign’s make-believe leech with a real-world Greek woman who thought the government should take care of her. I also shared an amusing parody of Julia by Iowahawk (the creator of the famous Pelosi...