by Jane Richey | Oct 8, 2012 | Fiscal Responsibility, Politics
The Congressional Budget Office (CBO) reported that the federal budget deficit has exceeded $1 trillion for the fourth year in a row, coming in at $1.1 trillion in fiscal year 2012 – or 7.0 percent of the economy. “The federal government’s fiscal year 2012 has come to...
by Jane Richey | Sep 20, 2012 | Fiscal Responsibility, Free Markets, Politics
Twenty years ago, when Democrats tried to oust an incumbent Republican president from office, they questioned his economic stewardship. Vice presidential candidate Al Gore famously bellowed: “Everything that ought to be down is up, and everything that should be up is...
by Jane Richey | Sep 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to “help” the still-struggling U.S. economy. His remarks seemed to leave two questions: What exactly will the Fed do? And when? It’s no longer a matter of “if.” It’s going to...
by Jane Richey | Aug 29, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The Federal Communications Commission paid out more than $1 million in federal stimulus funds to a London company through a contract that reported creating no jobs in the U.S. or overseas, procurement records show. The vendor, SamKnows Ltd., won the stimulus-funded...
by Jane Richey | Aug 28, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The rhetorical Medicare wars have heated up this week, after President Obama declared in his Saturday radio address [1] that his proposed reforms “won’t touch your guaranteed Medicare benefits. Not by a single dime.” This is incorrect. Obamacare cuts $716 billion [2]...
by Jane Richey | Aug 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Unlike today’s conventions, which are little more than multi-day campaign rallies, at the 1912 affair in Chicago, 1,000 policemen stood by to make sure the delegates didn’t get out of hand. Strands of barbed wire lay concealed beneath the bunting on the speaker’s...
