by Jane Richey | Nov 26, 2012 | Fiscal Responsibility, Politics
The economy’s “new normal” is decidedly new, but certainly not normal. Statistic after statistic attests to the simultaneous downshifting of America’s economy and our expectations with it. Only by comparison can we put the current economy into...
by Jane Richey | Nov 21, 2012 | Fiscal Responsibility, Politics
Over the past several weeks, the overall stock market has resembled a roller coaster — down up, down up and then a quick drop. That is the case no matter which major market index we look at. The only real difference among the Dow Jones industrial average, the S&P...
by Jane Richey | Nov 20, 2012 | Fiscal Responsibility, Politics
Pennsylvanians will face billions of dollars in higher taxes unless Congress acts by the end of the year to defuse a threatening combination of tax increases and spending cuts contained in the so-called “fiscal cliff.” A recent report by the state’s Independent Fiscal...
by Jane Richey | Nov 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
THE FISCAL CLIFF: Fresh off a meeting of the National Governors Association, where the combination of mandatory spending cuts and tax increases was a topic of discussion, Corbett said he finds the prospect “frightening,” because it means the potential loss...
by Jane Richey | Nov 20, 2012 | Fiscal Responsibility, Politics
Poverty. It’s the excuse for nearly every government spending program. Help the poor. Tax the Rich. Get the 1%. How dare they get so wealthy while everyone else suffers! And what is the preferred way to eliminate poverty? Redistribution of wealth. It is the force...
by Jane Richey | Nov 19, 2012 | Free Markets, Politics
Half of the nation’s 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls. Nationwide, business...
