According to the staff of Congressman Paul Ryan, the budget deficit is poised to increase to $1.48 trillion from $1.416 trillion even when a projected $66 billion more will be raised in tax revenues from 2010 to 2011. In other words, the president’s budget is getting more money, and spending it faster than it did […]
Archives for January 2011
True Grit
If you are a fan of old time westerns, you will not want to miss True Grit featuring the once again terrific Jeff Bridges and a truly amazing 14 year old eighth grader, Hailee Steinfeld, who rode and shot with the best of them. Have fun, Warm Regards, Dick
GE & Obama: Imagination at Work
Your big winner from the State of the Union address is GE, along with its CEO, Jeff Immelt, the newly appointed head of President Obama’s Economic Advisory Board. Welcome to the world of big-government, big-business crony capitalism, where corporate slogans take on an entirely different meaning. I’m sure the guys in GE marketing weren’t thinking […]
Imagination At Work
Why the Arabs Really Hate Us
This week, hordes of citizens tired of high taxes and government oppression are storming the streets calling for change. No, this isn’t a Tea Party protest. So is the U.S. helping to free a people using the tactics employed in the Orange Revolution in Ukraine, or the Rose Revolution in Georgia? No. In fact, the […]
A Focus on Long Term Price Stability
John Taylor, writing at the Wall Street Journal, has come out in support of an idea that has been floated by many conservative economic thinkers (and here on this website), that the Federal Reserve ought not to be focused on multiple monetary policy goals, and instead ought to be directing its efforts solely to maintaining […]
Sacred Cows to the Slaughter
An Obama administration official, the administration’s chief expert on Medicare and Medicaid spending, Chief Actuary Richard Foster, has said that Obamacare will not hold costs down, or allow Americans to keep the health insurance they currently have. Both key promises of the bill. Where was this admission two years ago when the president’s team was […]
Porkers of the Month – January 2011
Porkers of the month from Citizens Against Government Waste and ReasonTV.
21 Million Underemployed
President Obama mentioned in his State of the Union Address that over 1 million jobs were added last year, yet he didn’t mention the 14.5 million unemployed Americans or the 6.5 million Americans that have given up looking for work. How do you think these 21 million underemployed Americans felt when they heard the president […]
State of the Union: The Same Old Song
“You’re sweet as a honey bee, But like a honey bee stings, You’ve gone and left, my heart in pain, All you left is our favorite song, The one we danced to all night long, It used to bring sweet memories, Of a tender love that used to be, Now it’s the same old song” […]
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