Cuts? What Cuts?

by Jon Caldara | 11:59 am, August 5, 2011

Was anyone out there happy with the debt deal Congress just made? I haven’t seen much in the way of praise for the deal, either from the left or the right. The left doesn’t like the “draconian cuts” made to their beloved social programs, while us free marketers don’t like the complete lack of any [...]

A Transfer on the Road to Serfdom

by Joshua Sharf | 10:51 pm, August 3, 2011

As an emblem of what Walter Russell Mead calls, “the Blue Social Model,” there’s almost no place Bluer than New York.  So it seems fitting to pay homage to the home of the modern patronage state in a post devoted to transfer payments. We all know that transfer payments – Welfare, Social Security, Medicare, Medicaid, [...]

The Spending Crisis

by Vande Krol | 7:28 pm, August 3, 2011

Breathe a sigh of relief – the debt ceiling has been raised. By and large, it’s pointless. Both parties have raised the debt ceiling time after time.  Its purpose is to limit the national debt, but since it always gets raised, it limits n…

If You Hold the Sword, You Can’t Hold the Purse

by Jon Caldara | 8:54 am, August 2, 2011

Even though the whole debt ceiling fiasco is on its way out, I want to point this iVoices.org podcast in your direction. Last week a new narrative emerged from the debt ceiling = default storyline. It advanced the idea that the president could raise the debt ceiling unilaterally – Congress be [...]

One More Thought on the BBA

by Joshua Sharf | 11:45 am, July 29, 2011

There are a couple of ways that, skillfully used, the BBA could actually end up helping the Republicans, at least in this first round. First, it’s a bargaining chip.  If the owners can give up an 18-game season that the players were never going to play, the Republicans may be willing to settle for a [...]

Obama’s Evergreen Goes Brown

by Joshua Sharf | 12:23 pm, July 28, 2011

Barack Obama and Harry Reid may not be able to produce a spending plan, but at least they have their old campaign talking points from 2008 to fall back on. With the Senate having failed to produce a budget in over 2 years, the President’s budget having succeeded in uniting Washington to a degree not [...]

Fiscal Child Abuse – in a 2 min video

by Jon Caldara | 8:38 am, July 28, 2011

Power Line just ran a highly contested and highly coveted contest for a grand prize worth $100,000 to “whoever can most effectively and creatively dramatize the significance of the federal debt crisis.” They allowed any and all types of creative art – like sculpture, paintings, songs, poems, videos, dance, etc. The Independence Institute decided to [...]

Are You Serious and Mature Like Your Fellow “Defaulters?”

by Jon Caldara | 11:47 am, July 26, 2011

Oh Diana. We know economics isn’t one of your strong suits, but at least think a little harder before you parrot irrational talking points. Like the good Keynesian she is, Congresswoman Diana DeGette continues to push the popular and fallacious narrative of debt ceiling default. Here is what she had to say in the North [...]

Bennet, Udall Vote for Default

by PerlStalker | 7:39 pm, July 23, 2011

A couple of days ago, I asked if Senators Michael Bennet and Mark Udall would vote for fiscal security or side with Democrats. It’s no surprise that both of them voted to table Cut, Cap and Balance. At this point, the House has proposed two different p…

Cut, Cap, Balance and Veto

by PerlStalker | 10:32 pm, July 18, 2011

The debt games continue in Washington. So far, the Republicans have been the only ones offering any real plans. The Democrats have offered only criticism and rhetoric. The latest plan from the House Republicans is the “Cut, Cap and Balance” plan which …

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