Showing posts with label Spending 2013. Show all posts
Showing posts with label Spending 2013. Show all posts
Tuesday, December 17, 2013

Greedy Democrats Have Used Medicaid Since 1993 To Take Your Assets, Now It Ramps Up Under ObamaCare

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Signing up for Medicaid may be signing away everything you own. From the story here : The Omnibus Reconciliation Act of 1993 [under Bill and...
Thursday, October 17, 2013

Lefty Peter Beinart Calls Republican Surrender A Victory

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Here : If this is Republican surrender, I hope I never see Republican victory. ...  Let’s pause for a moment to underscore the point. In ear...

The Far Left Also Realizes Boehner Won. Too Bad Republicans Don't.

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The Nation , here : Because the deal only includes minor concessions, the Beltway consensus is that it represents a resounding defeat for R...
Wednesday, October 16, 2013

Boehner Actually Wins Again Despite Himself: His Position From August 22nd Was A Clean CR Keeping The Sequester, And That's What The Senate Compromise Is Going To Provide

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The Washington Post reported, here , at the time: House Speaker John A. Boehner said Thursday that he plans to avert a government shutdown a...
Sunday, October 13, 2013

How Rep. Paul Ryan Is Just Like Sen. Ted Cruz

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Here in The Wall Street Journal on October 8th, Rep. Paul Ryan says he is willing to swap sequester cuts for cuts to mandatory spending: If...

Without Issuing New Treasury Securities, Something Would Have To Give After Just 22 Days

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How long can the government pay all its bills without selling any additional Treasury bills, notes or bonds? The answer is really about only...
Monday, September 2, 2013

Stereotypical Federal Spending Wei Tu Hai

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Federal outlays from fiscal 1985 through 2012 are up 274%, from $946.3 billion in 1985 to $3,537.1 billion in 2012. Federal receipts have la...
Sunday, August 18, 2013

Under Harry Truman Federal Spending Was Slashed More Than Two Thirds

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Between fiscal years 1945 and 1948 inclusive federal spending declined 67.85%, from $92.7 billion in 1945 to $29.8 billion in 1948. By the e...
Saturday, August 17, 2013

Kudlow Is Right That Obama's Glorious Immediate Post-War Never Existed, But Completely Misses The Spending Cut Angle

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Larry Kudlow, here : [S]peaking in Galesburg, Ill., this summer, Obama served up a convenient historical fairy tale: "In the period aft...
Tuesday, August 6, 2013

Total Public Debt Outstanding Stuck At $16.738 Trillion For Over Two Months

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The normal explanation for this would be that redemptions of Treasury securities are running at precise equilibrium with issues, which might...
Monday, July 15, 2013

Do Nothing Congress Increases Revenue, Spends Less

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So says Molly Ball, here : But the ironic thing is that, by virtue of its very do-nothingness, the do-nothing Congress got a big thing done....
Tuesday, April 30, 2013

Real Federal Spending Growth Since 2000 Has Outstripped Real GDP 3 To 1

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Your government in action People who keep saying government should spend more to grow the economy more don't want to confront the fact t...
Friday, April 26, 2013

Big Deal: Debt To GDP Ratio Comes In At 105%

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The debt  as of 4/24/13 was $16.7943 trillion. GDP in the latest report was $16.0102 trillion. So the one divided by the other yields 1.05,...
Saturday, April 13, 2013

Despite Gold's Drop, Gold/Oil Ratio Finishes The Week At Oil-Bullish 16.45

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texasbullfights.com Even at the spot price of gold of $1,477 after the NY close the ratio is 16.18, indicating that oil remains on sale rela...
Tuesday, April 9, 2013

Jim Cramer Blames President's Fear-Mongering Over Sequester For March Jobs Number

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Here : "I think the report can be totally explained by our Fear Monger in Chief (i.e., President Obama), who scared the heck out of eve...
Monday, April 1, 2013

David Stockman Hates Everything About America, Except Cash

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Just like, you guessed it, The New York Times! He hates: Crony capitalism, Keynesianism, imperialism, stimulus, social insurance, incumbency...
Tuesday, March 5, 2013

Between Sequester Cuts And Payroll Tax Hike, Expect 41% Hit To Nominal GDP

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Between the sequester spending cuts and the payroll tax rate going back up by 2 percentage points, I'm expecting a decline in nominal GD...
Saturday, March 2, 2013

The House Should Pass A CR Of $2.983 Trillion And Drive The Blade Home

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Now that Republicans have Democrats off balance with a small spending cut, the up-coming vote on a continuing resolution to fund the governm...
Friday, March 1, 2013

Barack Obama: Chester The Sequester Taxpayer Molester

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According to The Des Moines Register here , Pres. Obama told two of its editors just two weeks before the 2012 election that he was COUNTING...

I Know! Let's Get The Sequestration Cuts From The Banks!

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In an editorial on February 20th, here  (which has caused quite the hubbub), Bloomberg.com maintained that most big banks are not profitable...