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Unions Beg to Keep Federal Spending High

by | 10:14 pm, November 20, 2012

Unions have started running ads in Denver opposing Federal spending cuts. It’s not surprising, really, since the vast majority of union members work for the government. If the Federal government starts cutting, unions will see a number of their members…

Solving the Fiscal Cliff Crisis: Extend and Pretend

by | 2:05 pm, November 12, 2012

Schiff is a realist. I, on the other hand, am an optimist.

CBO All But Guarantees Fiscal Cliff Gridlock

by | 6:31 pm, November 11, 2012

When an irresistable force meets an immovable object, it’s called gridlock.

Marching Towards the Fiscal Cliff

by | 4:22 pm, November 11, 2012

I wonder when reality will set in?

W and the GOP Gave the Election to Obama

by | 1:04 pm, November 11, 2012

I put great store in what Baldwin says. Republican Party loyalists won’t like it. Often the truth hurts.

No Defense Spending Cuts

by | 1:02 pm, November 8, 2012

The US has been so successfully “militarized” that any suggestion of a cut in military spending will be laughed off and ignored.

Fiscal Cliff Causing Flurry of Tax Moves

by | 8:01 am, November 6, 2012

The ideal, of course, is a zero tax bracket, with government so small that it would be adequately funded, as it was prior to 1913, with tariffs. Back then government spending stayed within its means and within the confines of the Constitution.

Inane Reactions to Hurricane Sandy

by | 2:08 pm, November 4, 2012

Nick Gillespie, at Reason.com, has nailed it. Three reactions to the hurricane are not only predictable but silly. The first I covered yesterday, exposing the broken window fallacy that Sandy is going to be good for business. Gillespie takes after Professor Peter Morici, as I did: At Yahoo Finance, University of Maryland economist Peter Morici [...]

Taxmageddon Only Part of the Problem

by | 10:44 am, November 4, 2012

Considering the precarious position the country is in, it’s amazing that Congress looks like it’s going to do everything it can to put off into the future – punt, kick the can, whatever you choose – to avoid making any hard decisions today. I agree with Mark Twain.

Romney, Obama, Polls and the Outcome

by | 1:03 pm, November 3, 2012

All this, it seems to me, is just a lot of smoke and fire signifying nothing.

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