Entitlements
The U.S. is stealing from Millennials and Gen Z to make boomers even richer
For years, pointing out the obvious was considered impolite: America's biggest, most distortionary transfer of wealth does not flow from elites to the working class. Nor does it show up as corporate welfare. It flows…
Why DOGE mattered
There is a popular theory that suggests modern politics is determined by "the vibes." That is, politics is an irrational business, and the best way to make sense of it is to lean into how it feels. The…
America is in a golden age. Are we headed toward a Roman ending?
We media types obsess about America's problems. But we should acknowledge that today, life in America is better than life has been anywhere, ever. For most of history, the norm was hunger, disease, illiteracy, slavery,…
1 in 5 kids are at risk of losing SNAP as shutdown exposes flaws in federal control
The federal government shutdown is disrupting major federal programs, including the Supplemental Nutrition Assistance Program (SNAP). Now one in five children nationwide risks losing benefits because Congress has failed to…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
White House proposal to withhold federal workers’ back pay is more rhetoric than reform
The federal government shutdown is in its second week and shows no signs of ending soon. Whenever an agreement is reached to fund the government, thousands of federal employees could face an unwelcome surprise: They might not…
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