fiscal responsibility
Government deficits at a glance
By Tom Quiner One chart makes government deficits very clear: 1. The two wars launched in the early 2000s did not cause the deficits. 2. Deficits exploded when Democrats controlled the presidency and both branches of Congress beginning in 2009. 3. Under President Obama’s budget, the CBO projects massive deficits far into the future. President…
Read MoreIn the name of sanity, Washington, stop spending our money so irresponsibly
If numbers make your head swim, look at this chart. I have simplified government spending in a way that is comprehensible in a glance …
Read MoreHow to give Obama what he wants
Imagine the pressure the president and his party could put on those recalcitrant House Republicans if Senate Democrats passed the president’s plan. Nothing can stop them from doing so. They have the votes. Nothing can stop them, except for …
Read MoreBush cut taxes. The rich paid more.
True of false: the rich aren’t paying their fair share of taxes?
Read More2 practical reasons for Republicans to oppose new taxes
The heat is on. The liberal power structure is screaming for Republicans to go along with tax increases on the rich. There are two practical reasons they should demur:
Read MoreLayoffs mount as the reality of a 2nd Obama term sinks in
By Tom Quiner Cisco Systems just slashed 1300 jobs. In New Jersey, a retailer of discount designer brands called Daffy’s is shutting down, eliminating another 1300 jobs. The U.S. banking industry said they’ll be laying off another 17,000 jobs this year on top of last year’s 64,000 eliminated jobs. Morgan Stanley is eliminating a 1000…
Read MoreTime for Obama’s rhetoric to meet reality
The fiscal cliff looms. Let us hope the two sides can work together as thinking adults to address the spending side of the ledger. Obama’s rhetoric may produce more gridlock.
Read MoreObama puts the poor at risk
Samson sleeps with a machete under his bed. His neighborhood isn’t a very nice place, so the machete serves as his security blanket. He lives on the wrong side of the tracks in a place called Gugulethu, as in Gugulethu, South Africa. His skin is black; his blood is red; and his heart is pure gold. Let us contrast poverty in South Africa with American poverty …
Read MoreAn owner of a small business asks: “Are you kidding me, Mr. President?’
Simply watch the video. This guy speaks for millions.
Read MoreThe case against tax increases
A quick analysis of government spending vs. tax receipts reveals the answer: we have a spending problem, not a revenue problem. Democrats have understandably praised Bill Clinton’s management of the budget. His 2000 budget produced a quarter-of-a-trillion dollar surplus. How did he do it?
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