Tag Archives: excessive spending

Debt-Limit Deal Must Come By Mid-July to Avert Default, Officials Say [Really?]

“If we were to do a very short-term deal, we don’t know if the markets would accept that,” Schumer said. “Maybe that would send a panic into the markets that we’re all worried about.” Yet leaders of the Republican-controlled House must contend with a contingent of freshman members aligned with the Tea Party who have expressed skepticism about the urgency of lifting the debt limit. Continue reading

Posted in Agency Regulation, America's Freedoms, Cloward and Piven Strategy, Congress, Congress: Inquiries & Committees, Constitution, Constitutional Responsibilities, Constitutional Rights, Corruption, Corruption in Government, Current Elections, Deficit, Economic Security, Economic Terrorism, Elections Politics, Excessive Government Spending, Freedom Justice and Liberty, Government, Government Regulations, Healthcare, House of Representatives, Housing Crisis, Jobs, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, National Debt, National Security, New Media News, Politically Intentioned Crisis, Politics, Progressives pushing for Marxism/Socialism, Radical Liberal Progressive Left, Redistribution of Wealth, Reject Socialism, Senate, Smaller Government, Tea Party Conservatives, TEA Taxed Enough Already, The Economy, Undermining Constitution, Unemployment | Tagged , , , , , , , , , , , , , , , , ,

Government Looks to Past, Free Enterprise to Future

With the benefit of hindsight, it seems that our leaders, in both the Bush and the Obama administrations, responded to crises and challenges all too often with measures that attempted to revive the old pre-financial crisis economy rather than with policies that would allow a new economy to grow.

As in Paulson’s comment, the thinking seems to have been that if we can just get things back in place, then we can attack the underlying problems. Continue reading

Posted in Agency Regulation, America's Freedoms, Cloward and Piven Strategy, Congress, Constitution, Constitutional Responsibilities, Corruption in Government, Current Elections, Economic Security, Economic Terrorism, Education, Elections Politics, Excessive Government Spending, Financial Markets, Freedom Justice and Liberty, Government, House of Representatives, Jobs, Learning from History, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, National Security, New Media News, Political Incompetence, Politically Intentioned Crisis, Progressives pushing for Marxism/Socialism, Public Sector (Government), Reject Socialism, Senate, TEA Taxed Enough Already, The Economy, Undermining Constitution, Unemployment | Tagged , , , , , , , , , , , , ,

Debt reduction versus government reduction

Our contributor benefits are unsustainable. But they are part of a larger problem of unsustainability created by holistic, prophylactic government. We could actually afford both Social Security and Medicare a lot better if government regulation weren’t actively suppressing business formation today; if government regulation didn’t drive every aspect of the cost of medical practice up; if government regulation didn’t drive consumer prices up and make COLAs necessary; and if government regulation didn’t divert so much worker compensation from worker income to employers’ other mandated, per-worker remissions (non-Social Security/non-Medicare) to the government. Continue reading

Posted in America's Freedoms, Cloward and Piven Strategy, Corruption, Corruption in Government, Current Elections, Deficit, Economic Security, Elections Politics, Excessive Government Spending, Foreign Policy, Government, Government Regulations, Healthcare, International Monetary News, International News, Jobs, Liberals Big Spending and Taxes, Media Corruption, National Debt, National Security, New Media News, Politics, Progressives pushing for Marxism/Socialism, Radical Liberal Progressive Left, Recovery, Reject Socialism, TEA Taxed Enough Already, The Economy, Unemployment | Tagged , , , , , , , | 1 Comment