Posts Tagged ‘government spending’

Intending to talk about colleges and worker training, President Obama on Monday suddenly found himself in a spirited election-year debate with a business advisory group about whose tax cuts should be extended and for how long…. ‘If we were going to spend $700 billion, it seems it would be wiser having that $700 billion going to folks who would spend that money right away,’ he said. (Washington Post) Cutting taxes is not a form

By Jeff Harding, on September 8th, 2010 URGENT LETTER TO THE PRESIDENT: The PresidentWhite HouseWashington, D.C. 20500 Dear President Obama: I observed with some concern a photo of you and your glum economic team in the White House Rose Garden during your September 3 address on the jobs report. I am aware that you are gravely concerned about the economy and

We know that Congressional leadership lied to get the nightmare that Obamacare has already become passed.  Nancy Pelosi needed the CBO to tell her members that the healthcare law would reduce the deficit.  But as Keith Heneesey points out below, how many members would have voted for the thing if the CBO reported out that the new law would "raise taxes" by $525 billion and increase government spending by $410 billion - ouch.  Well, five months too late

The expiration of the Bush tax cuts of 2001 and 2003 are a contentious issue.  The problem is that the frame of the debate is wrong. Secretary of the Treasury Geithner recently said that America can't afford to renew the Bush tax cuts for the wealthiest Americans.  Republicans say that the Administration is crazy to let any taxes go up in such a severe jobs recession. The question should be who gets control of income created - the government or the citizen. 

BERK: Is government spending good or bad for the economy? That's what Rasmussen asked likely voters recently.  It's reported in Fred Barnes most recent column: The results were unambiguous. Good for the country? 28 percent. Bad for the country? 52 percent. He got similar results when he asked whether increasing the federal debt is good or bad for the economy. Likely voters believe it's bad for the economy by a 56 percent to 17 percent margin.

BERK: There is always what you see and what you don't see in economics.  In this WSJ article, we find that proponents of government spending - increasing the size of government - are jumping through hoops to justify last year's stimulus plan.  The people don't believe it worked because it did not work, unless you are an employee in a government union. Then your job was saved or your raise was not fiddled with.  Read the description below and you

BERK:  The Sunday chat shows will be talking about a new stimulus spending proposal coming from the President.  Every bit of stimulus spending simply creates more uncertainty for businesses that are worried that the out of control and unaccountable government in Washington will need to raise taxes soon and well into the future - who would make decisions to hire under these circumstances?  Few have so far. Brian M. Riedl of the The Heritage Foundation explains why despite decades of repeated failure, President Obama

Washington, D.C., Tuesday, September 15, 2009) The Center for Freedom and Prosperity Foundation (CF&P) today released a video on the empirical relationship between the size of government and economic growth. Entitled "The Empirical Evidence Against Big Government," the educational video comes at a crucial time as government spending rose rapidly during the Bush years and Obama is continuing the same failed policies. Executive Summary Building on a previous mini-documentary that focused on theory,