Tag: government debt

MyGovCost’s Government Cost Calculator: Buzz Begins! »

T-Minus just a few hours folks. The wait will be over. The site will be up. The Government Cost Calculator will crunch. Outrage will inevitably ensue and hopefully, some spend-hungry political heads in Washington will roll. As the countdown to Tuesday’s launch of the Calculator winds down, Americans are winding up! Check out the…
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Robert Higgs on the Consequences of Leviathan-sized Government »

Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also explains why federal spending cannot continue at the current record levels without a failure of the bond market. He further compares the…
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Entitlement U.S.A.: Colleges as Attendance Centers »

Several years ago, I chuckled when I dropped my young daughter off at a friend’s elementary school. In fact, the school was named an “Attendance Center.” I never learned why “school” was suddenly out of fashion. “Attendance Center.” How apt a phrase for what is happening in higher education, as every politician and president…
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The Reckless Federal Reserve, Bernard Madoff and Elihu Root: Lessons for Today »

The Federal Reserve has now moved to escalate even further its inflationary jihad in a vain and highly dangerous attempt to “stimulate” the economy. As reported in the New York Times: The Federal Reserve entered a new era on Tuesday, lowering its benchmark interest rate virtually to zero and declaring that it would now…
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