Maya MacGuineas has been predicting budgetary and Social Security doom for ages. Of course she has. What does she have to lose? If she’s right after having been wrong, she can claim that she was a seer all along. If MacGuineas remains wrong, she can simply go quiet. Since Washington, D.C. is dense with […]
Social Security Was Always Just An Extra Tax. That’s Why It’s Not “Broken” Read More »
Experts too easily forget that “government spending” is a benign way of describing central planning of precious resources. Which means it fails repeatedly. Rich as the U.S. presently is, we’re a fraction as rich as we could be if the federal government weren’t such a size allocator of wealth not its own. It
Social Security, Medicaid and Medicare Protect Us From Much Worse Read More »
Do Bagladesh, Haiti and Peru have Medicare-style programs soon to cost $1 trillion annually? Hopefully the question quickly answers itself. Ideally it also answers Washington Post columnist Catherine Rampell’s puzzling lament that “The GOP’s recent tax-and-spending bill is a huge transfer of wealth from the poor to the rich.” Without defending the vastly overrated tax and
Without Billionaires, There Would Be No Medicare and No Debt Read More »
