Social Security’s Impending Insolvency Will Confront the Wave of Senators Elected on Tuesday
Failure to reform the program means letting a 22 percent automatic cut to benefits go through.
By VERONIQUE de RUGY
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Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior research fellow at the Mercatus Center at George Mason University.
Failure to reform the program means letting a 22 percent automatic cut to benefits go through.
By VERONIQUE de RUGY
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‘Giving money and power to government is like giving whiskey and car keys to teenage boys,’ per journalist and satirist P.J. O’Rourke.
By VERONIQUE de RUGY
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Such levies are economically destructive, administratively nightmarish, and unlikely to achieve anything close to what their advocates promise.
By VERONIQUE de RUGY
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Enormous fiscal gaps are the new normal.
By VERONIQUE de RUGY
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Government officials have an incentive to promise voters things for free, and those promises are impossible to fulfill.
By VERONIQUE de RUGY
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‘When will markets react to debt?’ is the wrong question.
By VERONIQUE de RUGY
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The president is relying on trade policy to defend American economic and national security, with mixed results.
By VERONIQUE de RUGY
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The Federal Reserve’s ability to curb price increases is limited.
By VERONIQUE de RUGY
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The proposal fails every test we should apply to government subsidies.
By VERONIQUE de RUGY
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Raising duties on foreign goods will also raise the prices of American-made goods.
By VERONIQUE de RUGY
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The danger of an unreformed entitlement state is about more than interest payments crowding out the rest of the budget.
By VERONIQUE de RUGY
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The proposed levy would create incentives to cash out instead of growing the business.
By VERONIQUE de RUGY
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