fiscal responsibility
President Obama: the King of Debt
Wisconsin thrives after beating back Union bullies
Liberals had wrestled Wisconsin taxpayers to the mat. The state faced a $3.6 Billion (with a capital “B”) deficit. They just couldn’t afford the extravagant wages and benefits enjoyed by a select group of their citizenry: unionized public employees. These union members enjoyed wages and perks that far exceeded what their counterparts in the private sector enjoyed. And yet, it was the struggling private sector that was footing the bill for the union’s prodigious bounty. What to do? …
Read MoreWhat is a draconian budget?
Has Mr. Ryan proposed severe budget cuts? No.He is not cutting the budget. Rather, he is slowing it’s growth from an unsustainable 4.5% per year to a manageable 3% per year …
Read MorePaul Ryan’s responsible budget for working class America
Why were Republicans thrown out of office in 2006? Because they spent too much of taxpayer’s money. Why were Democrats thrown out of office in 2010? Because they spent too much of taxpayer’s money. Is there a lesson to be learned here?
Read MoreObama’s economic plan at a glance
One cartoon says it all …
Read MoreSaturday morning economics lesson
By Tom Quiner [youtube=http://www.youtube.com/watch?v=3h8O7V-WxWQ&feature=player_embedded] Should government be bigger or smaller? These two approaches to governance are on the line this election cycle more than ever. President Obama has already expanded government beyond anyone’s imaginings, and has barely gotten started should he win reelection. Republicans think government is too big and would like to slow its…
Read MoreThe GSA scandal for dummies
Taxpayers have legitimate reason to be outraged by the GSA. The watchdog of government spending, the General Services Administration, went on a fun-filled spending binge on our buck. Quiner’s Diner offers three observations on this state of affairs …
Read MoreFederal taxation for dummies
“Federal deficits were caused by Bush’s tax cuts for the rich.” That was a typical response I got from a previous post, “Federal Spending for Dummies.” It struck me as a legitimate reaction. After all, President Bush and a Republican-controlled Congress cut income tax rates for all workers in 2001. Specifically, they reduced the top marginal income tax rate from 39.6 percent to 35 percent. Additional tax-reduction legislation was passed in the ensuing years which lowered various tax rates for America’s most productive workers. The suggestion was that government revenues shrunk because of these tax cuts, depriving the treasury of funds and driving up the deficit to unprecedented levels. And yet an analysis of the data reveals liberal critics have it wrong …
Read More“Night of the Living Debt”
By Tom Quiner Is the government spending too much? You be the judge. In 1980, the federal government spent $2601 per citizen in 1980 dollars. By 2009, the federal government was spending $5002 per citizen, in inflation-adjusted 1980 dollars. We just about doubled spending per citizen. Are we twice as well off? [Read more at “Federal…
Read MoreWho are the small-minded people?
Jay Carney, the president’s press secretary, blames the Republicans for the Senate’s failure to even submit a budget. I’m serious. He claims it is a lack of bipartisanship on the part of the Republicans that is the root cause of the Senate’s refusal to even submit a budget. This comes from the spokesman for the party that crammed Obamacare down our throats without a single vote from the opposition party.
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