Archive for January, 2012

Glancing at the 2012 Budget Plan from the White House

Wednesday January 11th, 2012   •   Posted by Stephanie Freedman at 11:43am PST   •   0 Comments

As we await the release from the White House of their 2013 budget later this month, I thought it would be interesting to look into the 2012 budget plan released by The White House nearly a year ago. The “Overview” claims: Key Budget Facts The Budget includes more than $1 trillion in deficit reduction—two-thirds of it from…
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Why More Federal Spending Isn’t the Answer for Fixing the Economy

Friday January 6th, 2012   •   Posted by Craig Eyermann at 8:03am PST   •   2 Comments

Since the most recent recession began in December 2007, the United States’ government and Federal Reserve have spent unprecedented amounts of money trying to put the U.S. economy back together again. As with the story of all the king’s horses and all the king’s men efforts at repairing Humpty Dumpty, both would appear to…
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The Costs of War

Friday January 6th, 2012   •   Posted by Emily Skarbek at 7:59am PST   •   3 Comments

At the Pentagon yesterday, President Obama released a press statement concerning his new military strategy. The document was clear with regard to Iran, stating “U.S. policy will emphasize Gulf security, in collaboration with the Gulf Co-operation Council countries when appropriate, to prevent Iran’s development of a nuclear weapon capability and counter its destabilizing policies.”…
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How Would You Cut Defense Spending?

Thursday January 5th, 2012   •   Posted by Emily Skarbek at 7:16am PST   •   4 Comments

The New York Times has a useful infographic outlining proposals for how to trim the defense budget. The Pentagon has committed to cutting $450 billion in spending over the next 10 years—only a small slice of the tremendous increase in war and defense spending we have seen in the previous 10 years. The graph…
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