by Jane Richey | Aug 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Yesterday, on the eve of its religious-liberty-crushing mandate taking effect, President Obama’s Health and Human Services Department (HHS) made an outrageous claim: The Obama administration will continue to work with all employers to give them the flexibility and...
by Jane Richey | Jul 31, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
What is wrong with the economy? Something is wrong when the GDP expands by only 1.5 percent a year as it did in the second quarter. The problem is that nobody knows. Everyone thinks they know, but F.A. Hayek long ago put that fatal conceit to rest, if only for...
by Jane Richey | Jul 31, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth. Central bankers generally set policy based on their judgment about the most...
by Jane Richey | Jul 31, 2012 | Fiscal Responsibility
Years ago, spending beyond one’s means was considered a character defect. Today not only do people spend beyond their means but also there are companies that advertise on radio and TV to eliminate or reduce your credit card and mortgage debt. Students saddled...
by Jane Richey | Jul 28, 2012 | Fiscal Responsibility, Politics
The White House budget office on Friday projected a $1.211-trillion deficit this year, down from the $1.327 trillion projected in February. The mid-session review from the Office of Management and Budget (OMB) also projected lower economic growth in 2012 and 2013 than...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Pennsylvania’s own Congressman Mike Kelly (PA-3) got a standing ovation after his speech on over regulation and red tape delivered to the US House yesterday. I drove by one of his car dealerships last Friday — the Congressman knows what he’s talking...
