Posts Tagged ‘President Obama’

Cost of U.S. Military Intervention in Libya: ABC Says $600 Million in First Week?


Tuesday March 29th, 2011   •   Posted by David Theroux at 5:05pm PDT   •   0 Comments

Devin Dwyer and Luis Martinez report for ABC News in “Cost of Libya Intervention $600 Million for First Week, Pentagon Says,” that: One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon. U.S. ships and submarines in…
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CBO: Repealing Obamacare Would Reduce Federal Spending by $1.4 Trillion Over 10 Years


Saturday February 19th, 2011   •   Posted by David Theroux at 4:36pm PST   •   2 Comments

In an article at the American Spectator by Philip Klein, he reports on the new report from the Congressional Budget Office (CBO) that shows that repeal of Obamacare (“Patient Protection and Affordable Care Act”) would cut $1.4 trillion from projected federal spending over ten years. In addition, even greater cuts of $732 billion could…
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Robert Higgs: Government-caused Uncertainty Continues to Depress Jobs


Saturday January 29th, 2011   •   Posted by David Theroux at 11:49am PST   •   1 Comment

In his recent article in Investor’s Business Daily, “Uncertainty Continues To Depress Jobs,” Robert Higgs (Senior Fellow, The Independent Institute) discusses how the U.S. government’s interventionist and spending policies are prolonging high unemployment by creating a climate of massive economic uncertainty: President Obama, in his State of the Union address, promised to focus on…
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