A Simple Plan to Avert the Fiscal Cliff
What should Congress do on the Fiscal Cliff? 1) Lock in $1.2 trillion in ten-year sequester savings. 2) Extend ALL current tax rates for one year. 3) Reform taxes and…
The Prodigal Uncle
I’m trying to help a relative get out of a bad fix.He makes $50,000 a year, but Sam has $54,000 (!) of debt on his credit cards. Worse still, he…
The Conniving Five – Obama, Pelosi, Reid, Boehner and McConnell
Democracy and Power 108: ObfuscationWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of…
Voodoo Economics Pt 2: Government Doesn’t Create Jobs
In a recent report, the Congressional Research Service revealed that welfare spending has increased by 33% under Barack Obama, topping out at over $1 Trillion annually.
$5 Trillion added to debt since the last budget
Since the senate democrats last passed a budget, the American government has accrued $5 trillion dollars in new debt. The last budget was passed three and a half years ago…
Paul Ryan on the war on Poverty “Poverty is Winning.”
Wednesday, in the critical battleground state of Ohio, Paul Ryan spoke about his plan for the 46 million Americans who live in poverty saying that "in this war on…
Totally Irresponsible Governance – The Fiscal Cliff
The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.- James Madison, Speech in the Virginia State Convention…
Happy Deficit Day 2012!
September 10th, 2012 is National Deficit Day. That means that September 10th is the date on which the United States government is out of money for the year. Every single…
Where Walker Succeeds, Unions Fail and Wisconsin Wins
By: Jim Hoft and Andrea RyanNext Tuesday, Wisconsin will hold its recall election for Governor Scott Walker. The impetus for this movement started early last year when the newly elected…
Senate Republicans Split Three Ways on Budget: “Federalists” vs. “Nationalists” vs. “RINOs”
It has been 1,126 days since the Democrat-led Senate passed a budget. Despite this embarrassing dereliction of duty, on May 16th Senate Democrats forced votes on four budget proposals authored…