Federal Spending Per Household: A Decade of Accelerated Growth

Increase continued even while average household size declined

Veronique de Rugy’s latest examination of national data highlights the upward and accelerating trend of federal spending on a per household basis – with a blip in the past two years. The Mercatus Center scholar, of George Mason University, adjusted spending figures to remove the impact of measured inflation, and found that in the last decade alone per household spending increased by 38 percent, from $21,891 to $30,174.

Social Security Shortfall Arrives

2010 brings earlier than expected cash flow deficit

Veronique de Rugy, a senior research fellow with the Mercatus Center at George Mason University, released an update on the fiscal status of Social Security last week. Her finding suggests the costs of the United States’ more than $200 trillion federal debt, accounting for unfunded liabilities such as Social Security, have arrived.

Investors Flock to New Orleans for “World’s Greatest Investment Event”

Financial and political analysts highlight growing national debt and instability of dollar NEW ORLEANS, La. — From Wednesday through Saturday, 700 investment enthusiasts and 300 speakers and exhibitors attended the 36th New Orleans Investment Conference. The Hilton Riverside event included a wide range of wealth management and natural resource prospecting firms – fitting with its…

Utah: A Case Study for Pension Reform

Defined contributions a potential solution to states’ unsustainable liabilities

By Annie Dwyer

As candidates across the country ramp up pre-election promises to deplete mountains of debt, something is still missing: real solutions. Pension and healthcare benefits threaten to overtake state and local budgets, and yet few government officials, incumbents and those seeking office, seem to be able to answer the tough questions about their plan to tackle these issues.

No Time for an Education Superman

New film calls for reforms that challenge the education bureaucracy
“I thought there was no one with enough power to save us… I was waiting for Superman,” laments Geoffrey Canada. Now an education leader and prominent character in the new Davis Guggenheim film, Canada’s dire schooling experience sets the scene for a look at “the short end of the stick” that young Americans have been getting from government schools. (Article continues below.)