Showing posts with label Spending 2011. Show all posts
Showing posts with label Spending 2011. Show all posts
Wednesday, December 28, 2011

Ronald Reagan Was No Conservative: He's Responsible For The Healthcare Mess

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Treatment regardless of ability to pay is all his fault, along with a number of other things: The Emergency Medical Treatment and ...
Saturday, December 3, 2011

"In God We Trust" Passed the US House 396-9 on November 1

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Even liberals like Nancy Pelosi, Jan Schakowsky, and Barney Frank voted  FOR it, along with a boat load of other Democrats and Republicans. ...
Monday, November 28, 2011

Consumers Increase Spending in 2011 From Savings and Social Security Tax Holiday

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Net real retail spending looks set to come in up 2.9 percent in 2011 over 2010. Per the data here from the Census. Average monthly retail a...
Sunday, November 27, 2011

Interest on Federal Debt Topped $454 Billion in Fiscal 2011

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So says the US Department of the Treasury here . With fiscal 2011 receipts running at $2.3 trillion according to Treasury here , interest pa...
Saturday, November 19, 2011

Tax Reform Should Come Off The Table: Spending Cuts Only Are Acceptable

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To Sen. Reid and Pres. Obama, tax reform means tax increases. So fuhgeddabowdit.  Automatic cuts to defense and social spending it should be...
Thursday, October 27, 2011

GDP, Q3 2011 First Report, at 2.5 Percent; Personal Savings Drop Big

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See the full pdf at the Bureau of Economic Statistics, here . Personal savings fell a full percentage point, or $116 billion, while personal...
Wednesday, October 5, 2011

Reuters' Mike Dolan Gets It Wrong On Depressions

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The relevant passage from his story here on the recent debate about whether we've had, face, or are in a depression makes a real hash o...
Thursday, September 29, 2011

Tariffs on Imports at 100 Percent Wouldn't Be Enough to Cover Federal Spending

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Here are the import numbers (rounded) for the last three years for all goods and services, according to the latest revision from the US Cens...
Thursday, September 8, 2011

'Social Security's Long-Term Shortfall Grows About $1.2 Trillion Annually'

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And by "long-term" the meaning is about 18 years. So said Dennis Cauchon late in the spring for USA Today, here : Social Security...
Friday, August 12, 2011

Sen. Rob Portman Will Shill for Gang of Six Taxes on Gang of Twelve

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There's Portman on July 21 giving aid and comfort to the Gang of Six enemy while the US House is trying to push the only true plan to ...
Wednesday, August 3, 2011

Post-War Doubling Times For Federal Spending: Every 9 Years at 8 Percent per Year

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US government spending on World War Two reached a crescendo in 1945 at $107 billion, after which spending reset to a post-war low of $36 bil...
Tuesday, August 2, 2011

What Baseline Budgeting Does to Spending in Ten Years

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If you listen to Larry Kudlow, you know that he believes that baseline budgeting contributes only as much as 4 percent to the annual increas...
Monday, August 1, 2011

Republicans Should Have Demanded Far More Than Reid's Cuts Because They're the Last

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(Have you noticed that just like with ObamaCare, it's the Senate calling the shots on everything?) Senator Reid's cuts are the last ...

Let's Index the Federal Budget to Existing Housing Prices

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Existing housing prices are down roughly 32 percent from the highs (see here ). Many are underwater on their mortgages, but people are makin...
Saturday, July 30, 2011

The Tea Party Has Already Made The Democrats Blink on Tax Increases

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"They’ve moved in other words, the Senate Majority Leader, far in their direction." -- George Will, here An excellent point, the p...
Friday, July 29, 2011

Another Voice Wrongly Claiming 'The Money is in the Middle'

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Brian Wesbury at The DC, here : What most people don’t realize is that the U.S. has gorged so much (boosting spending from roughly 18% of GD...
Thursday, July 28, 2011

Why Isn't Sen. Reid's Bill DEAD ON ARRIVAL IN THE HOUSE?

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Well, why isn't it? The Republicans haven't been doing this right at all. They continue to act like earnest young men who believe if...
Sunday, July 24, 2011

Democrat Intransigence: To Go On Spending As If There Were No Problem

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Jack Kelly notes here that revenues have never been enough to match spending, going all the way back to WWII: The problem is spending. Outl...
Wednesday, July 20, 2011

Spending Cuts, Not Default, Are What Obama and Democrats Fear, and Loathe

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American news organs appear to be incapable of the accurate formulation. You won't find it put better anywhere than here : Without agree...
Tuesday, July 19, 2011

House Defiant, Passes Cut, Cap and Balance 234-190

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Presidential candidates Bachmann and Paul were among nine Republicans who voted against the plan because it raises the debt ceiling: The mea...