Tag Archives: austerity

Harlem Avenue Obama Sign

Federal Reserve Study: Taxes, Not A Lack Of Government Spending, Hurting America’s Economy

Federal Reserve Study: Taxes, Not A Lack Of Government Spending, Hurting America’s Economy

According to the left, particularly people such as economist and New York Times columnist Paul Krugman, America’s economic woes are related to government austerity. The local governments, and the federal government, are simply not growing spending fast enough and that’s hurting the economy. Not so, finds the San Francisco Fed, which sees increasing taxes as


North Dakota Isn’t The Only State Plagued With Spend-Happy Republicans

“What courage really is is, in the face of having a surplus, when you have an opportunity to spend spend spend other people’s money, that you still choose to rein in government,” said Sarah Palin in 2012 in comments directed that New Jersey Governor Chris Christie. Those words came to mind as I read this


Boston Bombers And Family Received $100,000 In Welfare Benefits

I’m a little underwhelmed about this story. We’re talking about $100,000 spread over a decade, so that amounts to $10,000 per year for multiple people. That’s not much. We’ll spend far more on paying Dzhokhar Tsarnaev’s defense lawyer to help him avoid the death penalty. But still, the optics of terrorists living in America at


The Sequester’s Impact On The States Is An Argument For Federalism

The fear mongering over what are, really, rather small reductions in federal spending as a result of the spending sequester have been entertaining. The histrionics from proponents of ever more expansive government budgets betray, I think, their fear that we might reduce spending without any major hiccups in our day-to-day lives. If you want people


Memo To Bobby Jindal: Republicans Have To Be the Party Of Austerity

Louisiana Governor Bobby Jindal, who recently announced a plan to eliminate his state’s personal and corporate income taxes, says Republicans need to talk about growing our way out this national fiscal swamp we find ourselves in rather than cutting our way out: “Our objective is to grow the private sector. We need to focus our


Amidst A Fiscal Crisis, Fascism On The Rise In The Birthplace Of Democracy

Reading like something that would have been reported from the post-WWI German economic crisis about the rise of Nazism, this New York Times article about the Golden Dawn party in Greece is chilling. The Times, predictably, calls it a “right-wing extremist” movement, which is fantastically unfair. There’s nothing “right wing,” or conservative, about attacking businesses


Canada Has More Economic Freedom Than America

According to the Fraser Institute, a free-market think tank based in Vancouver, Canada ranks fifth in the world in economic freedom thanks to government austerity measures put in place by that nation’s political leadership. What’s interesting is that, in Canada, the austerity came under left-of-center leadership at the same time right-of-center leadership here in America


Austerity Works, And The Baltics Have Proven It

Europe is in the midst of a financial crisis brought on by exorbitant spending and hugely expensive social programs creating large budget deficits and driving huge amounts of debt creation.  Here in America we have a similar problem, though we’re a bit behind the curve in comparison to the Europeans.  We, too, have exorbitant levels


European Union Considering Limits On Moving Money, ATM Withdrawal Limits

Scary: BRUSSELS (AP) — The European Commission has been providing legal advice to others who are considering possible scenarios should Greece leave the euro, a European Union spokesman said. Olivier Bailly said Tuesday that, legally, limits could be imposed on movement of people and money across national borders within the EU if it’s necessary to