Was the Fiscal Cliff Deal a Triumph Over Liberalism?
George Will thinks so. If you look at his logic -which involves the number of Democrats who voted to make most of the Bush tax rates permanent- it looks pretty solid (my bold emphasis). “I think people will look back on this [as a] deal where liberalism passed an effigy and went into decline for [...]
Hey Michelle, Is This Part of the Huge Recovery? Welfare Spending Jumps 32% in 4 Years
Contrary to what Michelle says, this is not a sign of a “huge recovery.” Welfare spending has grown substantially over the past four years, reaching $746 billion in 2011 — or more than Social Security, basic defense spending or any other single chunk of the federal government — according to a new memo by the [...]
Our American Entitlements Machine: Things that Can’t Go On Forever, Won’t.
Nicholas Eberstadt details how entitlements have turned our government’s priorities upside down. In the last fifty years, transfers to individuals have grown by 727% (that’s adjusted for inflation and population growth). We can’t keep increasing entitlement payments at the current rate; soon, there won’t be anything left to pay for the other functions of government. [...]
‘I Won’t Pay’ Movement Spreads across Greece: Are We Far Away from that Place?
This mentality is dangerous, and I think it afflicts a good number of Americans, including a lot of the protesters in Madison, Wisconsin. When enough folks get the idea that the government owes them something, it’s a problem. Some call it civil disobedience. Others a freeloading spirit. Either way, Greece’s “I Won’t Pay” movement has [...]
Let’s Do Some Shots – To Demonstrate the “Draconian” Budget Cuts Proposed by the Evil Republicans
Nice visual representation of deficits, and the “draconian” budget cuts proposed by Republicans, using Jack Daniels. From Political Math Blog, via Left Coast Rebel.
Walter Williams: Our Nation’s Dilemma
I really like the way this guy writes. Without a lot of frippery, he lays out the problems we’re facing with government spending, and explains where we’re headed if we don’t do something about it. In his introduction, he says that people who hate this country AND people who love it are both hell-bent on [...]
To Deal With Our Huge Budget Deficits, Somebody’s Going to Experience Pain
Everybody knows that entitlements are going to bust the budget if we don’t do something about them, and quick. Senators and Representatives make noise about it, but don’t act, because “entitlements are the third rail of politics.” In a Washington Post editorial today, Robert Samuelson unleashes a dose of reality and sensibility on entitlements. Social [...]
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