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4 steps to turning around the economy

Relevance Score: 1.323    2011-07-16 16:06:15

Albert Einstein defined the term insanity as doing the same thing over and over again and expecting different results. Conversely, could insanity also be defined as expecting the same results but doing completely different things over and over again? Peter Ferrara wrote an Op Ed in the Wall Street Journal February ...

Double counting and another $540 billion to the deficit

Relevance Score: 1.211    2012-04-10 12:01:25

Only in Washington can 2+2=7. A new study being released by Charles Blahous, Republican member of the board that oversees Medicare financing, finds that the new health-care law will add anywhere from $340-$540 billion to the deficit instead of controling costs as it was sold to do. How can that happen? Federal government ...

To Balance the Budget -- Does America Want an Amendment??

Relevance Score: 1.180    2011-08-29 14:50:40

We all know that the federal budget is out of control We know that the debt, which has reached a number far too large for most of us to easily comprehend, can not continue to rise without catastrophic results. We know that our government can not continue to operate as ...

The Majority Matters When It Comes to Earmarks

Relevance Score: 1.129    2014-01-15 14:35:14

Ending Spending and its community of supporters and activists worked hard in 2010 to convince Congress finally to abandon the wasteful practice of earmarking. When Republicans took control of the House in 2011, they promised to rein in out-of-control federal spending and change the way Congress spends taxpayer money. One important step in that process was banning earmarks.

Opportunity Cost: You Choose...Hollywood?

Relevance Score: 1.123    2012-04-16 11:14:30

Opportunity Cost - The cost of an alternative that must be forgone in order to pursue a certain action. Throughout our lives, we as individuals have choices to make. Both big and small. Whether we want yogurt or pancakes for breakfast? Whether to study for the economics final or go out ...

Referendum on Obamacare

Relevance Score: 1.025    2014-03-14 17:04:44

It’s official: voters are tired of big government, big spending politicians. And this week’s special election in Florida confirms it.

Wouldn't It Be Nice to Have a Safety Net Again?

Relevance Score: 1.011    2012-10-19 08:29:37

This is simply mind-boggling. Roughly 100 million people—one-third of the U.S. population—receive aid from at least one means-tested welfare program each month. Average benefits come to around $9,000 per recipient. If converted to cash, means-tested welfare spending is more than five times the amount needed to eliminate all poverty in the ...

WHO ARE THE 8%?

Relevance Score: 1.000    2010-09-25 18:55:17

Taxpayers Against Earmarks was not surprised to find that a recent study by Bankrupting America found that 71% say government spending is too high.

How Is Our Federal Government like a Giant Hairball?

Relevance Score: 0.926    2012-03-02 10:28:13

In his 2009 inauguration speech, President Obama noted the need to figure out whether the government is working and, as he stated, “Where the answer is no, “programs will end”. I agree. For an example as to whether current government programs are working, let's look at the federal housing programs. The recently ...

An Agreement, If You Can Keep It

Relevance Score: 0.856    2011-08-01 07:30:09

If you weren't glued to C-SPAN all weekend, you might have missed what appears to be a successful conclusion to the debt ceiling debate. Both the White House and Speaker Boehner announced an agreement in principle that will both increase the debt ceiling and cut the baseline budget and the ...

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Our national debt is  
$ 00 00 , 000 000 , 000 000 , 000 000 , 000 000
and each American Taxpayer owes $119,236 of it.