Posts Tagged ‘deficit spending’

Visualizing the 2011 Federal Spending Debate


Wednesday January 26th, 2011   •   Posted by Craig Eyermann at 7:42am PST   •   1 Comment

If you want to quickly see how President Barack Obama and the Congressional Democrats’ federal government spending proposal for 2011 stacks up against what Congressional Republicans have in mind, shown against a background illustrating the trend in U.S. federal government spending since 1967, here you go! References 1 Obama, Barack. The State of the…
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Former House Majority Leader Dick Armey: Cut Federal Spending by Scrapping Federal Programs


Thursday January 20th, 2011   •   Posted by David Theroux at 10:13pm PST   •   0 Comments

In a January 19th article in the Wall Street Journal, “What Congress Should Cut,” former U.S. House Majority Leader Dick Armey and FreedomWorks President Matt Kibbe propose abolishing “the Departments of Commerce and Housing and Urban Development, end farm subsidies, and end urban mass transit grants, for starters.” The primary economic challenge today is…
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What Should Californians Learn About Pension Reform from the French?


Monday October 18th, 2010   •   Posted by Emily Skarbek at 10:27pm PDT   •   6 Comments

Despite the threat of another mass labor protest scheduled in France tomorrow, President Sarkozy is promising the modest increase in the standard retirement age from 60 to 62 will pass the legislature. �Many of the French�protesters�are the students and youth�angry because they feel they are entitled to these “social protections”. Young people in the…
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Taking Back America Interviews Dr. Emily Skarbek on the Government Cost Calculator


Wednesday October 6th, 2010   •   Posted by Joshua Kaplan at 4:24pm PDT   •   0 Comments

Dr. Emily Skarbek, Director of the Government Cost Calculator was interviewed on the nationally syndicated web radio blog, “Taking Back America”.� During the interview, Dr. Skarbek uses MyGovCost.org to explain the specific effects of rampant government spending for any individual in America. Dr. Skarbek illustrates how an individual can find out what their own…
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29.4% Increase in Pork in 2011 Senate THUD Act


Tuesday September 14th, 2010   •   Posted by David Theroux at 6:56am PDT   •   3 Comments

Citizens Against Government Waste reports that the U.S. Senate’s version of the 2011 Department of Transportation, Housing, and Urban Development (THUD) Appropriations Act includes 590 projects ($2.2 billion) with an increase of 29.4% in costs over Fiscal Year 2010’s 588 projects. “The significant increase in the number of projects is indicative of senators� continued…
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The Deficit’s Dark Secret


Wednesday September 8th, 2010   •   Posted by Emily Skarbek at 5:37pm PDT   •   5 Comments

The New York Times on Monday, columnist Peter Orszag addresses the important issue of the the unsustainable budget deficit problem and the current high unemployment. What Orszag suggests as a “compromise” neglects the heart of both problems. Orszag suggests that “ideally only the middle-class tax cuts would be continued for now” but that doing…
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Who Is Hurting? Not Government Employees


Tuesday September 7th, 2010   •   Posted by David Theroux at 6:22am PDT   •   0 Comments

This new interactive graphic from the Wall Street Journal traces the growth in job gains and losses in the United States from December 2007 through August 2010. The results show that all sectors of the U.S. economy have dramatically declined except for employees in education, health care, and government, with federal and state workers…
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82% Say More Government Stimulus Will Destroy Jobs


Monday September 6th, 2010   •   Posted by David Theroux at 12:31am PDT   •   0 Comments

In a new online poll by the Wall Street Journal, 82.2% of those participating are voting no to the question, “Can more government stimulus lower the nation’s unemployment rate?” As the article states: “Washington’s response to the country’s stubbornly high unemployment rate will depend in part on who wins an increasingly intense debate over…
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We Must Cut Taxes, Curb Spending and Crimp Regulations


Saturday September 4th, 2010   •   Posted by David Theroux at 1:07am PDT   •   2 Comments

Independent Institute Senior Fellow William F. Shughart II‘s new article, “We must cut taxes, curb spending and crimp regulations,” is being syndicated by McClatchy-Tribune Information Services to newspapers across the United States and Canada, including the Sacramento Bee, Lexington Herald-Leader, Standard Times (Bedford, MA), Bellingham Herald, Albany Times-Union, Guelph Mercury, Kitchener Record, etc. “The…
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Is Democratic Reform of Deficit Finance Possible?


Friday September 3rd, 2010   •   Posted by Emily Skarbek at 12:34pm PDT   •   0 Comments

For many, economic logic and application to a wise management of finances is a chore considered best left to the �professionals�. After all, crunching numbers given the vast array of rules and regulations can be taxing (pardon the pun). However, debt finance is a particular economic subject that can be easily understood and just…
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