Tag: entitlements
Nonpartisan Congressional Agency Is Pessimistic About Nation’s Long-Term Fiscal Health

The Congressional Budget Office has published its Long-Term Budget Outlook for 2019, projecting the U.S. government’s fiscal health will become much worse over the next 30 years in its baseline scenario.

The CBO Agrees: It’s the Spending, Stupid!

U.S. Government’s long-term budget outlook released.

Senator Sanders, There Is No Right to Health Care in Canada

On Wednesday, I watched the Senate’s Health, Education, Labor, & Pensions (HELP) Committee’s courtesy hearing for Representative Tom Price, MD, whom President-elect Trump has nominated to be the next United States Secretary of Health & Human Services. As a game of “gotcha,” the hearing played out predictably. However, Senator Bernie Sanders (I-VT) stood out...
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A Glimpse into the College Entitlement Mentality

Should a college education be a handout or something earned? A recent feature in The New Yorker Magazine provides a sobering glimpse of things to come if advocates of “free college” get their way. In his feature article “The Big Uneasy,” author Nathan Heller interviewed several Oberlin College students who demanded, among other things,...
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Ode to the Welfare State

The following was nationally distributed in the United States by the Associated Press and appeared in the New York Daily News on Friday, November 4, 1949. The measures being referenced are those in the Fair Deal, the cradle-to-grave welfare state proposal of President Harry S Truman to follow up on Franklin Roosevelt’s New Deal...
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Robert Higgs on Why Government Is Prolonging the Economic Crisis

In a new article for the Gannett newspapers, “Is this any way to run a government?”, Chuck Raasch interviews Robert Higgs, Senior Fellow at the Independent Institute and author of the book, Depression, War, and Cold War. With Congress debating a possible shutdown of the federal government, Dr. Higgs discusses why: “The government can...
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Extend Unemployment Benefits? Politics Versus Economics

Unemployment benefits normally can be collected for 26 weeks, but currently they can be collected for up to 99 weeks in certain hard-hit areas. The House of Representatives has approved the continuation of extended benefits, but Senate Republicans have, so far, kept the extension from passing the Senate. One can argue the merits of...
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Robert Higgs on the Consequences of Leviathan-sized Government

Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also explains why federal spending cannot continue at the current record levels without a failure of the bond market. He further compares the...
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Noel Campbell on Immigration

My Division of Labour co-blogger Noel Campbell hits a home run with today’s post on immigration. Two key quotes: Arizona doesn’t have an illegal immigration problem; Arizona has an organized crime violence problem. What created the incentives for organized crime (and its penchant for violence) to develop? Well, the War on Drugs, of course....
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A Few Questions for President Obama

President Obama is scheduled to be interviewed by Fox News’ Bret Baier on Wednesday. I would really love to seem him confronted with a few tough questions like these: Your administration has pointed to recent insurance premium rate increases in California to make the case for the health care bill. Many pieces of the...
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