Uncommon Knowledge Audio Edition

The High Cost of Good Intentions Featuring John Cogan

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Sinopse

Recorded on October 24, 2017 How old are entitlement programs in the United States? Entitlement programs are as old as the Republic, according to John Cogan, former deputy director of the US Office of Management and Budget (OMB) and a Hoover Institution senior fellow. Cogan joins Peter Robinson to discuss his latest book, The High Cost of Good Intentions,on the necessity for entitlement reform in the United States. Currently there are a bevy of entitlement programs in the United States, each costing a large percentage of the federal budget each year. These programs are open-ended and hard to estimate into the budget because people with the average number of benefits vary greatly from year to year. These programs have become complex and bloated over the many years since they’ve been instated and are in dire need of reform. According to John Cogan, entitlement programs such as pensions, Medicaid, and Social Security have been a part of US history since the Revolutionary War when Congress first created pensi