Tag Archives | Social Security

The High Road of Hope and Prosperity

Five Things You Need to Read Today 1. Did Monticello Just Evict Thomas Jefferson? Monticello, the home of Thomas Jefferson, has just completed a restoration of the house’s outbuildings and slave quarters. The way the New York Times describes it, this is being used as an excuse to evict Jefferson from his own house. The […]

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The Thatcher Line

Five Things You Need to Read Today 1. The Thatcher Line It is totally in keeping with the tone of the current political debate that the news that is actually most important is the least discussed. Here is what’s really important: we’re careening headlong past the Thatcher Line, the point at which the government runs […]

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The Spies Who Came Back to the Cold

Five Things You Need to Read Today 1. The Right to Try The best part of the Trump administration, underneath the overhanging existential dread, is the push for deregulation. A lot of this has been done through executive action, which is of limited value because it can be undone by the next president (something Barack […]

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Why We Can’t Be Free

The basic income. The individual mandate. Cap and trade. Income-tax withholding. What do all of these ideas have in common? They are all schemes for implementing a massive and ever-growing welfare and regulatory state—and they were all brought to you by people on the right. The basic income is the brainchild of Charles Murray. The […]

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Five Things You Need to Read Today

Here’s your weekly update, for subscribers only, drawing your attention to five stories that are worth catching. Today, the main theme is our struggle to assert facts over narratives or symbolism. 1. How Bad Ideas Happen I have lamented before about how many bad ideas for the expansion of government–the basic income, the individual mandate, […]

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Why We Need to Axe Meals on Wheels

Hey, everybody, the Trump budget guts everything! Except, of course, that it doesn’t. It cuts about $54 billion from next year’s budget out of a total of four trillion dollars in spending—a reduction of a little over one percent. It’s kind of a drop in the bucket. But as part of their program to grow […]

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A Bill with No Governing Philosophy

House Republicans have released their proposed measure to “repeal and replace” Obamacare, and the whole enterprise is already losing steam right out of the gate. The measure is too small and incremental, less a repeal of Obamacare and more of a repair of it, keeping numerous basic features intact. If you want to know why […]

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Nobody Cares About the Debt (But It Cares About Us)

In response to my speculation that we’re going to end up reforming Social Security by letting it break, several people told me—disapprovingly, which is good for them—that politicians will just fill the gap the way they always have, by borrowing more money. Well, here’s the thing about that. They can try borrowing their way out […]

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The Planning-to-Fail Plan

The little-recognized implication of this year’s election is that we are never going to fix Social Security. The unsustainability of the crown jewel of the middle-class welfare state is well known. As the Baby Boomers get old, there are fewer younger workers paying taxes to support them. The program’s reserves are being spent down and […]

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7 Ways to Roll Back the Welfare State

In my recent critique of “reform conservatives,” I challenged their assumption that it is politically impossible to take on the welfare state, which leads them to conclude that they should instead harness the welfare state for conservative ends. In response, I wrote: The question we need to be asking is not: how can we reform […]

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