3 A.M. Budget Travesty Is Shameful Cave-In By GOP Leaders

Oct 31st, 2015 * RECOMMENDED READINGS, Budget, Debt, Economics, National Debt, Politics Robert May 1 min read

IBD Staff write:   Fiscal Policy: Whenever the government does something in the dead of night, you can bet it’s awful and they don’t want you to see it. That’s the case of the just-passed budget. The fiscal 2016 budget deal that emerged at 3:15 a.m. Friday was little more than a blank check for President Obama’s final two years. Now he’ll sail into retirement knowing he can spend…

 

The Laffer Curve Revisited

Oct 20th, 2015 Economics, Government, National Debt, Taxes, Welfare and Charity Bill B. May 2 min read

by Bill B. May I listened to a speaker yesterday explaining the national debt; it was an excellent presentation.  The audience asked a number of questions afterwards about how to get out from under the debt’s enormous burden on society.  It was obvious that neither the speaker nor the questioners had any idea about the Laffer curve.  The whole discussion ended in a quandary about what…

 

The Democratic Presidential Debate: There They Go Again

Oct 15th, 2015 * RECOMMENDED READINGS, Debt, Economics, Elections, National Debt, Politics Robert May 1 min read

Cal Thomas writes:  Watching the Democratic candidates’ presidential debate Tuesday night one might think a Republican has been in the White House since 2009. These political Lilliputians could find little to say that was positive. The economy is bad, too many people aren’t working (whose fault is that?), we should spend trillions more we don’t have because everything we’re spending now isn’t producing results. Memo…

 

The Picture Is Clear: Government Is The Problem

Oct 3rd, 2015 Economics, Free Enterprise, Government, Labor, National Debt, Politics Bill B. May 3 min read

Three decades ago, Reagan told us that “In this present crisis, government is not the solution to our problem; government is the problem.”  In fact, it is always the problem, not just in the present crisis.  In today’s news, the picture is clear.  Reagan’s statement is still true. Job’s Report:  New jobs don’t keep up with new entrants into the work force.  And this report…

 

The Reality Behind the Numbers in China’s Boom-Bust Economy

Oct 3rd, 2015 * RECOMMENDED READINGS, Economics, Government, National Debt Bill B. May 1 min read

Yonathan Amselem says:  Last year, the world was stunned by an IMF report which found the Chinese economy larger and more productive than that of the United States, both in terms of raw GDP and purchasing power parity (PPP). The Chinese people created more goods and had more purchasing power with which to obtain them — a classic sign of prosperity. At the same time,…

 

September 25, 2015: The UN Launches A ‘New Universal Agenda’ For Humanity

Michael Snyder says:   One of the biggest steps toward a one world government that we have ever seen is happening this week, and yet barely anyone is even talking about it. In fact, it is even being called a “new universal Agenda” for humanity. Those are not my words – those are the words that the United Nations is using. If you don’t believe this,…

 

Governments Turn to the UN to Avoid Paying Their Debts

Sep 30th, 2015 * RECOMMENDED READINGS, Government, National Debt, Politics Bill B. May 1 min read

Nicolás Cachanosky is interviewed: [The Mises Institute recently spoke with Nicolás Cachanosky, an Argentina-born economist, now at the Metropolitan State University of Denver, who is familiar with sovereign debt issues. We asked him about a recent UN resolution that seeks to make it easier for governments to default on their debts.] Mises Institute: Paying back government debt is not the simple matter it is often…

 

John Boehner Really Did Beat Obama on Budget Cuts

Sep 29th, 2015 * RECOMMENDED READINGS, Budget, Government, National Debt, Politics, Taxes Bill B. May 1 min read

Daniel Bier says:   One and a half cheers for the lame-duck speaker John Boehner announced Friday that he will resign as Speaker of the House, after nearly five years in charge, and retire from Congress in October. During his tenure, he faced relentless criticism from conservative groups, but he managed to maintain control of the speakership against multiple revolts from within the House GOP.  …

 

The Military Industrial Complex And Government Spending

Sep 28th, 2015 Budget, Economics, Health Care, Labor, Military, National Debt, Politics, Taxes, Welfare and Charity Bill B. May 3 min read

by Bill B. May Today, we posted a couple articles about the US government and its size.   Indeed, government has become the leviathan that is choking the rest of  us, not only with taxes but also in regulations. Richard Geno continues his series on how to reduce government.  In it, he recognizes all the entrenched interests that will fight against cuts or elimination of their…

 

The Military Gravy Train: Full Speed Ahead

Sep 28th, 2015 Government, Liberty, Military, National Debt Bill B. May 1 min read

Andrew Syrios says:  There’s something very odd about the United States military that makes many of the most budget-hawkish fiscal conservatives turn into starry-eyed, big government welfare pushers. The hypocrisy is breathtaking; at the same time as many conservatives are talking about “America’s descent into socialism” they are pushing their own brand of military socialism to ever more absurd lengths. See my featured article of…