According to a Poll Position survey conducted in late October, 45 percent of Americans said �No� when asked whether the U.S. government should stop helping to fund NPR; 39 percent said �Yes.� Only those respondents identifying themselves as Republicans favored, by a 54 percent to 28 percent margin, ending taxpayer support for NPR. Given…
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The Federal Times reports in “Federal pay freeze plan wouldn’t stop raises” that President Obama’s claimed, 2-year “pay freeze” does nothing of the sort, but instead will result in 1.1 million employees receiving from 2.6 to 3.3 percent increases in wages or more than $2.5 billion in pay raises. (Military and legislative branch personnel…
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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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In shocking new disclosures, the Washington Post has reported in an article, “Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms,” that in 2008 and 2009 the Federal Reserve created trillions of dollars in corporate welfare as secret bailouts “not just to Wall Street but also to motorcycle makers, telecom…
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How can the government increase the amount of money it collects in taxes without increasing tax rates?� Or rather, for politicians looking to remain as blameless as possible when their constituents get their new, higher tax bills, how can they make it look like they�re not increasing taxes when they�re taking more in taxes?…
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In an article in USA Today, “More federal workers’ pay tops $150,000,” Dennis Cauchon reports that: The number of federal workers earning $150,000 or more a year has soared tenfold in the past five years and doubled since President Obama took office, a USA TODAY analysis finds. The fast-growing pay of federal employees has…
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Do you remember back in April 2010, when the administration was trumpeting how much better the expected budget deficit for 2010 was going to be? When, magically, the White House’s Office of Management and Budget’s projection of the expected deficit dropped by just over $300 billion U.S. dollars from its originally forecast value of…
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The Wall Street Journal notes in a new article, “The 2010 Spending Record: In two years, a 21.4% increase”: “Perhaps you missed it, but then so did the Washington press corps. Late last week the Congressional Budget Office released its preliminary budget tallies for fiscal year 2010, and the news is that the U.S….
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In my recent article in Investor’s Business Daily, I discuss the enormous harm from and hypocrisy of federal economic policies as they inhibit private entrepreneurship. The current era has been dubbed the “Information Age,� and well it is. Never before has so much information been available so broadly and on such a level of…
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