Tag: Government Spending
From Biden’s $1.9 Trillion “Rescue” Plan to Today’s Inflation
It’s not often you get to see cause and effect in action for government spending. Take the Biden-Harris administration’s $1.9 trillion “American Rescue” plan. That’s the one I described as a “failure of fiscal discipline” for which “ordinary Americans will ultimately pay” back in March of this year. That spending bill is back in...
Read More »
Does Joe Biden’s Multi-Trillion Dollar Spending Plan Pay for Itself?
How can a plan that proposes to spend trillions of dollars cost nothing? The Orwellian answer from the president is that the plan includes tax increases claimed to match its expenditures.
Are We Too Distracted to Notice Inflation?
The Consumer Price Index was up again in September. The annual rate of inflation, from September to September was 5.4%, and is likely to go higher by year-end. The Federal Reserve claims to have an inflation target of 2%, but seems to be in no hurry to enact policies to slow the rise in...
Read More »
$3.5 Trillion Does Not Equal $0
President Joe Biden is a lot like President Donald Trump. He likes to use Twitter to gaslight his critics. How else can you explain President Biden’s September 25, 2021 tweet, in which he claims his Build Back Better Agenda will not cost anything? My Build Back Better Agenda costs zero dollars. Instead of wasting...
Read More »
“Amtrak Joe” Tries to Resuscitate California’s Zombie Bullet Train
President Joe Biden is well known for having a choo choo fetish. It’s little surprise he wants to expand the already heavily subsidized Amtrak passenger rail service. If he’s successful, today’s toddlers will come to know why their grandparents came to reject the inconvenience of commuting between cities by rail. Aside from the unique...
Read More »
A Black Hole in California’s Fiscal Management
Does $320 billion sound like a lot of money to spend? If you answer yes, would you agree it is a good idea to have some way of keeping track of how and where you spent that money? All the way down to the penny? Now, what if that was your job? What would...
Read More »
COVID Relief: Where Did All That Money Go?
One year ago, Americans began getting far more first-hand experience with a viral epidemic than any wanted. One year later, the U.S. government has spent $6 trillion to provide relief from the coronavirus pandemic. Of that total, $37 billion was spent on Operation Warp Speed’s development of several vaccines. The vaccines are the main...
Read More »
2020 Festivus Grievances: $54 Billion in Waste
For those of us who pay attention to government spending, the week between Christmas and New Years is a busy time. It’s never pretty, because this is when a lot of wasteful spending is forced through by logrolling politicians. But that doesn’t mean we can’t laugh at them and their wasteful spending priorities. That’s...
Read More »
California’s Multibillion-Dollar Pandemic Unemployment Fraud
California’s government-waste problem with unemployment fraud has just become a lot bigger. It’s not just celebrities and prison inmates who have been fraudulently cashing in on California’s pandemic unemployment assistance program. If it were, the total amount of taxpayer money lost to fraudulent unemployment claims in the state would total less than $1 billion....
Read More »
A Wasteful Federal Spending Quiz
Politicians and bureaucrats waste millions of dollars on crazy stupid things every year. But can you tell the difference between an actual federal budget line item and something that just sounds like a crazy stupid thing on which an American politician would spend money? Let’s test your skills. I’ve listed eight simple descriptions of...
Read More »
  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org