by Jane Richey | Dec 1, 2012 | Fiscal Responsibility, Politics
The real problem is that the “government spending” component of the GDP exceeds government revenues by about a trillion dollars. That’s every year. This means that our GDP is artificially inflated by about one trillion dollars. Make any cuts, which we need to do,...
by Jane Richey | Nov 27, 2012 | Fiscal Responsibility, Politics
Washington is in a dither over the fiscal cliff. The cliff consists of roughly $500 billion in tax increases that will occur on January 1, 2013 as the Bush-era tax rates expire, along with almost $100 billion in automatic cuts in government spending resulting from the...
by Jane Richey | Oct 23, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
There is a good reason why Republicans and Reagan Democrats oppose tax increases and favor spending restraints: A dollar of tax increase to pay for an additional dollar of government spending costs the economy much more than a dollar — and that price is payable in the...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Freeze. Grow. Fix. The fact is too many people are worried about their jobs. Their personal finances are uncertain. And looking beyond the immediate crisis to the horizon, we’re all wondering what kind of life we are leaving our children and grandchildren. We are...
by Jane Richey | Mar 3, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Highly unlikely! From the Hill: “Yet no one has figured out the more positive corollary – how to harness the immensely valuable political space the Tea Party and Occupy movements have each created to help the economy and create jobs. There is reason to...