Tag Archives: deficit spending
Texas leads as California dreams on
California, like so many other states facing budget shortfalls, is a victim of decades of reckless spending and unsustainable budgets. Continue reading
Posted in current events
Tagged california, deficit spending, new york, newt gingrich, texas
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Why the Stimulus Flopped
It didn’t just fail to stimulate, it actively deterred stimulation, because it was the first explicit signal to America and the world that the Democrats’ political priorities overrode everything else. Continue reading
Posted in economics
Tagged deficit spending, economics, porkulus, recession, socialism, stimulus
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Celebration is Premature: The Economy is Still Contracting
Over the last two weeks, the main-stream media and the stock market have greeted new economic data released by the Commerce and Labor Departments with enthusiasm. Although these data show that the recession is not deepening as fast as it had been during previous months, they still show that the economy is contracting. Continue reading
Another Trillion?
The CBO is actually being kind to the would-be reformers. Its analysis likely understates—by at least $1 trillion—the true costs of expanding health coverage as current Democratic legislation contemplates. Continue reading
Teeing Up the Middle Class
Few of President Obama’s 2008 campaign pledges were more definitive than his vow that anyone making less than $250,000 a year “will not see their taxes increase by a single dime” if he was elected. And he was right, very strictly speaking: It’s going to be many, many, many billions of dimes. Continue reading
