By marfdrat on December 6, 2013
The president said just this week that he wants to focus the remaining years of his presidency on addressing income inequality. Looks like D.C. will be a good place to start. Median family income there has exploded past the rest of the States. (via ZeroHedge). Doug Ross has an excellent suggestion: cut every non-defense discretionary agency budget by 50%. That would perhaps make a dent.
By marfdrat on November 21, 2013
Yes, for the government it makes perfect sense. Sounds like a $7 billion slush fund for Obama to throw around to his cronies.
The Department of Health and Human Services revealed on Wednesday a plan to spend up to $7 billion to find ways to reduce spending under the Affordable Care Act while maintaining or improving the quality of health care. The solicitation for bids for this wide-ranging project appeared today on the Federal Business Opportunities website:
By marfdrat on April 11, 2013
No wonder it’s being mocked by Republicans -and criticized by Democrats. It’s a complete joke, including cutting defense spending from 9% of GDP to 2.3%, which ain’t gonna happen.
Republicans have mocked the Obama White House for talking about a “balanced approach” to debt reduction that doesn’t actually ever balance the budget. But in its 2014 budget report, Team Obama tries to create the impression that its plan does balance the budget … in the year 2055!
By marfdrat on February 21, 2013
And, this is news to whom? Apparently to the lapdog media, who doesn’t report on such things if they make the Dear Leader look bad. Consequently, they aren’t reporting on much of anything that’s substantive these days. And, just this week, we learn that Wile E. Obama and the ACME Economic Destruction Co. wants to spend ANOTHER $50 BILLION on stimulus projects. Sheesh.
By marfdrat on December 31, 2012
More lies from a lying liar. But then, he doesn’t even realize it anymore.
“Well, you talk about dysfunction in Washington. You signed this legislation setting up the fiscal cliff 17 months ago. How accountable are you for the fact that Washington can’t get anything done and that we are at this deadline again?”
By marfdrat on November 30, 2012
Jerry Gorski runs an engineering company. In this video produced by the House Majority Whip, he says “This notion that $250,000 being the top 2% or the wealthy people in America ignores the way most small businesses work in America.” Raising taxes on the Jerry Gorskis of America isn’t going to solve our problem. In fact, no taxation scheme the Democrats can come up with will solve our problem, because it’s not a revenue problem; it’s a spending problem. If you went so far as to confiscate the wealth of all of America’s billionaires, it wouldn’t cover even one year’s budget deficit. Then, of course, there wouldn’t be any left to cover the next year’s deficit.
Posted in Economics & Politics | Tagged $250000, acme economic destruction co., billionaires, budget deficit, Gorski Engineering, Jerry Gorski, millionaires, obama, spending, taxation, taxes, wealthy | Leave a response
By marfdrat on November 29, 2012
You’d think they’d have a better rate, considering they spend almost $30,000 per pupil each year. That money must be going for something beside classroom instruction. You think this will dampen the argument that we need to spend even more on education? Think again.
By marfdrat on March 3, 2012
Dr. Flynn ran an ad in a Panama City, FL newspaper. For our Dear Leader and his progressive friends, this must be the only solution. (H/T Doug Ross @ Journal)
By marfdrat on October 18, 2011
You may have heard this claim from various liberals and fans of Keynesian stimulus – the reason our economy continues to slow is cuts have been made in the federal budget, and that slowdown in spending is causing a drag on employment and other factors. John Merline at Investors.com explains how that couldn’t be true:
By marfdrat on October 12, 2011
Interesting -and frightening- video presentation from Economic Freedom. The burden of regulation and out-of-control spending is going to consume our economy, if we don’t do something to stop it.
By marfdrat on December 5, 2010
In an editorial on December 3, Investors Business Daily hopes -against hope- that Obama (DfOaLG*) and his administration will finally recognize the folly of the Keynesian economic policies they’ve been inflicting on Americans, and “pull the car out of the ditch” before it’s too late: