Archive for October 14th, 2010

U.S. Spending Up 21.4% in Two Years, $3.45 Trillion for 2010


Thursday October 14th, 2010   •   Posted by David Theroux at 2:24am PDT   •   1 Comment

The Wall Street Journal notes in a new article, “The 2010 Spending Record: In two years, a 21.4% increase”: “Perhaps you missed it, but then so did the Washington press corps. Late last week the Congressional Budget Office released its preliminary budget tallies for fiscal year 2010, and the news is that the U.S....
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Obama’s Transportation Infrastructure Plan Wastes $50 Billion


Thursday October 14th, 2010   •   Posted by Joshua Kaplan at 12:26am PDT   •   3 Comments

In this new article on United States transportation infrastructure and spending, Gabriel Roth explains the wasteful spending endemic to the central planning approach taken to transportation. Rather than a leaky bucket, Roth proposes using market forces based on local transportation needs: “President Obama‚Äôs recent announcement of a $50 billion ‘up-front investment’ for ‘renewing and...
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