Tag: federal deficits
Lawrence McQuillan | Thursday October 27, 2016 at 5:17 PM PST | Comments Off on The Federal Budget in Plain English
According to the President’s Office of Management and Budget, the 2016 federal budget looks like this (p. 115): Now let’s pretend this is a household budget by removing eight zeros: Clearly, this family is financially irresponsible, as rising debt and debt-service costs consume the family budget. To continue the analogy with the federal government,...
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Tags: balanced budget amendment, federal budget, federal debt, federal deficits, National Debt, Paul A. Volcker, Peter G. Peterson
Lindsay Boyd | Tuesday August 31, 2010 at 12:35 PM PST | 0 Comments
The Independent Institute’s Senior Fellow William Shughart on Human Events, bringing the real costs of the federal bailouts to YOU. Check out MyGovCost‘s Government Cost Calculator for more!
Tags: Bailouts, Budget and Tax Policy, Corporatism, Corruption, Economics, federal bailouts, federal deficits, Government Cost Calculator, government profligacy, government spending, Government subsidies, Government waste, Human Events, Liberty, Media, Money and Banking, MyGovCost.org, Politics, Power, Property Rights, Social Security, Socialism, Taxation, The State, Unemployment, War, Welfare, William Shughart
Randall Holcombe | Monday August 3, 2009 at 12:11 PM PST | 7 Comments
Sustainability is a compelling concept these days, although it always seems to be applied to people’s private choices. Meanwhile, everybody knows the federal government has committed to an unsustainable flow of future expenditures. The promises the federal government already has made for Social Security and health care cannot possibly be met. If our legislators...
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Tags: Bailouts, Barack Obama, Budget and Tax Policy, Cash for Clunkers, Economics, federal deficits, Keynesian economics, Medicare, Money and Banking, Nationalization, Politics, Presidential Power, Social Security, Socialism, sustainability, Taxation
David Theroux | Wednesday June 3, 2009 at 12:58 AM PST | 25 Comments
Momentum is building with 179 co-sponsors for Congressman Ron Paul’s bill in the U.S. House of Representatives to audit the Federal Reserve System (Federal Reserve Transparency Act of 2009) not just because of the growing unrest over the Fed’s gigantic and reckless expansion of trillions of dollars in credit during the past eight months...
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Tags: Bailouts, Budget and Tax Policy, Economics, federal deficits, Federal Reserve, federal spending, Inflation, Money and Banking, Ron Paul, The State, Video
Robert Higgs | Tuesday March 10, 2009 at 5:03 PM PST | 19 Comments
In my mind’s eye, I envision a street fair—one of those happy community gatherings at which sellers of handcrafted ceramics, funky clothing, herbal remedies, fresh vegetables, and edible delicacies congregate to display their wares for the strolling customers, who chat amiably with the stall-keepers and with one another. Suddenly, amid horrified shrieks and the...
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Tags: Bailouts, Ben Bernanke, Depression, economic stimulus, Economics, FDIC, federal deficits, Federal Reserve, Keynesian economics, Money and Banking, Politics, recession, Regulation, The State
Wendy Honett | Tuesday March 3, 2009 at 4:45 PM PST | 5 Comments
Syndicated talk show host Dennis Prager interviewed Bob Higgs on Feb. 24. In case you missed it, the lovely production staff sent me this file. After discussing Obama’s stimulus plan and dispelling myths surrounding wartime spending, Prager admits to wanting to fly to Louisiana just to hug Bob. Well worth a listen. [audio:2009_02_24_higgs_prager.mp3]
Tags: Bailouts, Barack Obama, Budget and Tax Policy, Economics, federal deficits, government spending, Great Depression, Presidential Power, recession, Robert Higgs, Unemployment, World War II