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Written by Ralph J. Benko
- Forbes |
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Tuesday, November 22, 2011 |
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The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against the truly gargantuan, obnoxious, deficit. It got off on a macho, but false, premise: that the path out was by mutual pain: raising taxes and cutting entitlements.
Wrong premise. There is a way to balance the budget. Figure out how to get the economy growing at 4% (or even 5%) instead of its current Read more |
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Written by Brian Domitrovic
- Forbes |
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Sunday, July 03, 2011 |
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Two weeks ago, a snit broke out between economists Paul Krugman and Greg Mankiw. Krugman started things off with a graph on his blog showing that federal revenue growth was low during the Reagan years of the 1980s. For some reason the graph began in 1979. Mankiw responded on his own site asking why Krugman started his sequence three years before Reagan’s first full budget came in. Krugman retorted by playing to type – his interlocutor was “pretending to be stupid.”
Revenues, revenues, revenues – that’s what the Read more |
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Written by Lewis E. Lehrman and Frank Cannon
- The Washington Times |
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Wednesday, June 01, 2011 |
26th District loss shows GOP is favoring spending cuts over growth
The Democratic victory in upstate New York on Tuesday seemed to be about the unpopularity of the Republican Medicare plan. Democrat Kathy Hochul beat Republican Jane Corwin 47 percent to 43 percent to win the open seat in New York’s 26th Congressional District, a shocking turn of events in a district that long had been a Republican beachhead in a blue state. The special election focused the last few weeks on the GOP's proposal to turn Medicare into a Read more |
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Written by Sean Fieler and Jeffrey Bell
- The Wall Street Journal |
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Friday, May 06, 2011 |
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Washington's elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama's domestic spending agenda with huge tax increases. They aim to create a value-added tax and will argue that there is no alternative even though doing so will leave the United States resembling the stagnant, bureaucratic nations of Western Europe.
But there is an alternative. The U.S. could return to a gold standard, a system that would not only prevent the government from running chronic Read more |
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Written by Ralph J. Benko
- SteveDeace.com |
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Thursday, May 05, 2011 |
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We Tea Party Patriots are furious over the federal government’s profligate spending, and rightly so.
From the creation of the United States in 1789 to over a century later in 1900, the federal government spent $15 billion. That’s $15 billion cumulative—not annually. In 2011 it is spending $10 billion per day! That means the federal government now spends in days what it more than century to spend. This gives a sense of how gargantuan the federal government has grown and the orgiastic quality of its spending.
It Read more |
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