Dalrymple Defends Big Society Philosophy
“Big Society” may be rather an unfortunate choice of words but it’s a sensible idea, writes Theodore Dalrymple.
Entitlement
Paul Krugman’s Big Government Fantasies
The majority of Americans can perfectly well do without the government managing their lives.
Debt Commission Co-Chair Blasts Critics
Spending cuts that fail to tackle entitlements are “a sparrow’s belch in the midst of a typhoon,” said Alan Simpson.
CBO: America on Unsustainable Fiscal Path
The Congressional Budget Office forecasts a slow economic recovery and staggering high debt growth in the years ahead.
Senate Leader in No Rush to Cut Spending
In an interview with Meet the Press, Harry Reid said Social Security “works” and he lambasted Republicans for opposing ObamaCare.
America’s Looming Entitlement Disaster
America cannot afford massive entitlement spending anymore but no politician likes to take away benefits from poor people and seniors.
Republicans Pledge Austerity in New Congress
With a renewed sense of fiscal conservatism, incoming Republican congressmen promise to try to repeal ObamaCare and reform entitlement.
European States Seize Pension Funds
From France to Hungary to Ireland, European governments plunder private retirement savings.
Restoring Balance to the United States Budget
If Democrats and Republicans do not manage to shrink the deficit, they can always freeze government spending altogether.
America Starts Talking About Spending Cuts
Americans may need to brace for austerity, but lawmakers are reluctant to endorse deep spending cuts.
Debt Commission Proposes Deep Budget Cuts
The chairmen of the president’s debt commission put forth major entitlement reforms.
Cameron Committed to Entitlement Reform
With massive spending cuts ahead, Britain’s prime minister is urging people to take greater responsibility for their own lives.
Greece Should Get To Work
The meltdown in Greece of last April exposed not just the economic weakness of this particular South European state; uncertainty about public finances was suddenly abound throughout the European Union. A multibillion euro rescue plan necessitated unprecedented efforts to guarantee the stability of the common currency. German chancellor Angela Merkel even warned that the very […]
Paul Ryan’s Radicalism
Congressman Paul Ryan of Wisconsin stubbornly persists in his crusade for free-market capitalism though criticism of his “Roadmap for America’s Future” is fierce. In February, Office of Management and Budget Director Peter Orszag deconstructed Ryan’s plans, stating that although they address long-term fiscal problems, many lawmakers might find them “objectionable” because, as Politico put it, […]
The Pursuit of Happiness
With dozens of states lining up to contest the constitutionality of health-care reform as it passed through Congress last week, there is ample reason to take this charge seriously, not treat it as the final breath of a party of sore losers. The states are fighting reform on two counts: first, that the Constitution doesn’t […]