Archive for January, 2011

Dr. Emily Skarbek: “Government’s Obesity Crisis”


Tuesday January 18th, 2011   •   Posted by Allison Gibbs at 1:40pm PDT   •   0 Comments

In this new article on the continual spending and stretching of the budget, Dr. Emily Skarbek explains the temptations for the new Congress to spend wastefully and heighten the debt ceiling. Equating Congress and the ever-expanding budget to over-eaters, Dr. Skarbek says that small intervals of “another ten pounds” are causing an extreme obesity crisis...
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Will Britain Move Toward Privatization in Health Care?


Monday January 17th, 2011   •   Posted by David Theroux at 9:13pm PDT   •   4 Comments

Jill Lawless at the Associated Press reports that British Prime Minister David Cameron is seeking to “save money and cut red tape by giving control over management to family practitioners rather than bureaucrats, and allow private companies, charities and social enterprises to bid for contracts within the public health service.” Will Great Britain indeed...
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Democratic Double Standard in California


Saturday January 15th, 2011   •   Posted by Emily Skarbek at 10:57am PDT   •   0 Comments

Governor Jerry Brown is proposing measures to balance the California state budget, including cutting $12.5 billion in spending and extending $12 billion in expiring taxes. The politically ambitious move from the new governor involves a sequencing of three legislative parts. The legislature would pass spending cuts, voters would then be able to vote in...
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John Stossel: “Are politicians serious about spending cuts?”


Friday January 14th, 2011   •   Posted by David Theroux at 2:04pm PDT   •   2 Comments

In his new column syndicated by Creators Syndicate, “Are politicians serious about spending cuts?”, John Stossel asks the key question about whether Washington is really going to address the gigantic, federal government spending and debt crisis that continues to mount: Last year, I reported that the United States fell from sixth to eighth place—behind...
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Casey Mulligan on Stimulus Spending and Investment


Wednesday January 12th, 2011   •   Posted by Emily Skarbek at 1:54pm PDT   •   0 Comments

Over at Economix, Casey Mulligan has a nice illustration of Austan Goolsbee’s approach to economic planning. In essence, targeted means of stimulating investment (say, with New Homebuyer tax credits) don’t work to increase investment, and thereby employment, in the short-run. Rather these types of subsidies have drive up prices for current asset owners—constituting windfall...
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Are You Paying Your Fair Share for Medicare?


Tuesday January 11th, 2011   •   Posted by Craig Eyermann at 8:02am PDT   •   5 Comments

Just in time for the end of 2010, the Associated Press released a story suggesting that retired Medicare beneficiaries are being promised way more in medical care than what than they’ll have paid for during their working careers: What you paid in Medicare taxes shows up on your W-2 income tax form every year....
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Dr. Emily Skarbek, director of the Government Cost Calculator at the Independent Institute, was interviewed by International PressTV on Friday, January 7th. Listen to Emily as she discusses how poor U.S. government policies create or exacerbate unemployment. The article and video can be viewed here.

17 Shocking Statistics About the U.S. National Debt


Sunday January 9th, 2011   •   Posted by David Theroux at 8:40pm PDT   •   1 Comment

Michael Snyder reports on seventeen statistics on the unsustainable nature of reckless U.S. government spending and debt. 1. As of December 28th, 2010, the U.S. national debt was $13,877,230,355,933.00. 2. If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it...
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Judge Andrew Napolitano on Debt and Private Pensions


Wednesday January 5th, 2011   •   Posted by Emily Skarbek at 2:44pm PDT   •   0 Comments

On Fox Business News, Judge Andrew Napolitano, host of “Freedom Watch,” discusses the record-breaking national debt of more than $14 trillion, encouraging Congress to say no to more spending. And below (at the 11:00 minute mark) the Judge talks with economics professor Dan D’Amico about the possibility of government seizing private retirement and pension...
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U.S. National Debt Hits New Record High of $14 Trillion


Tuesday January 4th, 2011   •   Posted by David Theroux at 8:36pm PDT   •   2 Comments

According to CBS News, on the last day of 2010 the U.S. National Debt hit a record level of more than $14 trillion or $14,025,215,218,708.52, up from $9 trillion just over three years ago and a whopping 55% increase since just before 2008. As the report states: It took just 7 months for the...
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