Posts Tagged ‘infrastructure’

Obama Understates U.S. Government Deficits by $2.3 Trillion


Friday March 18th, 2011   •   Posted by David Theroux at 5:59pm PDT   •   1 Comment

The Associated Press reports that the Congressional Budget Office (CBO) questions the claims of the Obama administration regarding projected budget deficits over the next ten years in which the White House overestimates tax revenues and savings from Medicare payments to doctors. A new assessment of President Barack Obama’s budget released Friday says the White…
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Why the U.S. Spending Stimulus Has Failed


Sunday December 5th, 2010   •   Posted by David Theroux at 1:54pm PST   •   1 Comment

In a new article in the Wall Street Journal, “Why the Spending Stimulus Failed: New economic research shows why lower tax rates do far more to spur growth,” Stanford University economist Michael Boskin examines how and why the U.S.’s $814 billion economic stimulus has failed. For many years now, Independent Institute Senior Fellow Robert…
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Shovel-Ready Stimulus Sightings


Tuesday November 16th, 2010   •   Posted by Robert Higgs at 4:31pm PST   •   0 Comments

A funny thing happened on the way to the voting booth: Americans discovered that most federal “stimulus” funds were being used to stimulate government, not the economy. I was on the road recently, driving from my home in southeast Louisiana through a long stretch of Mississippi to Tuscaloosa, Ala., then to the outskirts of…
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