Posts Tagged ‘federal deficit’

MyGovCost enables anyone to calculate cost of federal programs


Saturday October 2nd, 2010   •   Posted by David Theroux at 7:45pm PDT   •   2 Comments

In a recent article, the new TV, web and mobile media network RightNetwork recommends the Government Cost Calculator: “A new website created by the Independent Institute�located at www.MyGovCost.org�enables U.S. taxpayers to calculate the cost to themselves of major federal programs, such as Social Security, Medicare, and the economic stimulus package. . . .” For…
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MyGovCost enables us to understand impact of federal spending


Saturday October 2nd, 2010   •   Posted by David Theroux at 1:58am PDT   •   1 Comment

In a new article in the Washington Examiner, “For a frugal Gal, I have got a lot of debt,” Tina Korbe discusses the merits of the Government Cost Calculator at MyGovCost.org: “Among my friends, I�m known for my frugality. I budget scrupulously, log every purchase I make in a ledger and often forego even…
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Raising Taxes Is No Way to Spur Economy


Monday September 20th, 2010   •   Posted by William Shughart at 9:05pm PDT   •   5 Comments

It�s September, and election season is under way. Marching to the tune of President Obama�s class-based political rhetoric, some candidates for Congress are campaigning on promises to raise taxes significantly on electorally safe targets. This year�s list of victims includes �the rich,� Wall Street and America�s oil companies. Those three groups are in Washington�s…
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U.S. Debt $130 Trillion; Global GDP and Money Supply Both $60 Trillion?


Saturday September 11th, 2010   •   Posted by David Theroux at 8:32pm PDT   •   1 Comment

Kevin Williamson at National Review has further discussed his June 2010 projections of total long-term, U.S. national debt being $130 trillion. In a 2008 Forbes article, economist Laurence Kotlikoff had more conservatively estimated the debt to be $70 trillion. What Williamson points out now though is that both the total, money supply of the…
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