Author Archive: Craig Eyermann

Craig Eyermann is a Research Fellow at the Independent Institute.
Full biography and recent publications

Federal Fumbles


Saturday December 3rd, 2016   •   Posted by Craig Eyermann at 10:24am PST   •   0 Comments

It’s a list that none of us wanted to see, but thanks to the wasteful spending of the federal government, one that has been dutifully assembled by U.S. Senator James Lankford: Federal Fumbles: 100 Ways the Government Dropped the Ball, Vol. 2. Like its predecessors, U.S. Senator Jeff Flake’s Wastebook (formerly produced by James...
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Grim Milestone Nears for National Debt


Saturday November 26th, 2016   •   Posted by Craig Eyermann at 10:43am PST   •   0 Comments

Since the U.S. federal government’s fiscal year cycled over to FY2017 on October 1, 2016, the growth of U.S. government’s total public debt outstanding has accelerated. If that faster growth rate holds at the average pace through November 23, 2016, just before Thanksgiving, then the total public debt outstanding will exceed $20 trillion sometime...
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Making “Fiscal Space” for the Trump Agenda


Monday November 21st, 2016   •   Posted by Craig Eyermann at 7:05am PST   •   0 Comments

In the days leading up to the November 8, 2016 elections, RealClearPolicy featured a number major policy ideas from across the ideological spectrum in the U.S. on how to manage the fiscal policy of the federal government after President Obama’s tenure in office comes to an end on January 20, 2017. The Progressive Policy...
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The U.S. Government’s Built-In Deficits


Thursday November 17th, 2016   •   Posted by Craig Eyermann at 6:57am PST   •   0 Comments

The Committee for a Responsible Federal Budget wrapped up its analysis of the 2016 fiscal year back on November 2. When they did, they produced the following chart showing what the future of the U.S. government’s budget deficits will be even if all of the winners of all of 2016’s elections for national office...
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Principles for Shaping President-Elect Trump’s Fiscal Policies


Monday November 14th, 2016   •   Posted by Craig Eyermann at 6:25am PST   •   0 Comments

What should the U.S. government’s fiscal policies look like after the election we just had? Writing at RealClearPolicy, James Capretta tackled that question before the election, before anyone really appreciated that Donald Trump would beat Hillary Clinton in the race for the White House. And with that being the case, he begins by describing...
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The Worst Watchdog in Washington, DC?


Thursday November 10th, 2016   •   Posted by Craig Eyermann at 6:32am PST   •   0 Comments

It’s not often that you can capture the precise moment when a culture of corruption within a government agency becomes fully institutionalized. Normally, that’s a very slow process, in which tolerance of bad behavior by government employees increases gradually over time, until one day the corruption becomes fully dominant and can avoid any scrutiny...
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A Lurking Potential Catastrophe for National Debt


Monday November 7th, 2016   •   Posted by Craig Eyermann at 6:42am PST   •   0 Comments

CNBC recently featured an op-ed by Peter Tanous, in which the noted author and investment advisor warns of a potential economic catastrophe that none of the 2016 election’s presidential candidates is seriously addressing. The nation’s dire predicament, Tanous argues, is a direct result of how the extraordinary runup of the national debt during the...
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What We Bought for Nearly $10 Trillion in National Debt


Friday November 4th, 2016   •   Posted by Craig Eyermann at 6:12am PST   •   0 Comments

From the time that Barack Obama was sworn into office as the U.S. President on January 20, 2009, to the time the next president is sworn into office in January 2017, the total public debt outstanding will have nearly doubled. Since it started at $10.6 trillion, to call that a massively huge run-up in...
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Divide the Government: A Strategy for Fiscal Sanity?


Monday October 31st, 2016   •   Posted by Craig Eyermann at 6:54am PST   •   0 Comments

On Tuesday, November 8, 2016, Americans face a dismal choice between what many believe to be the two worst presidential candidates ever nominated in the same election by the major political parties during their lifetimes. Faced with such lousy choices, voters might want to consider ways in which they can use their vote in...
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Clinton, Trump Ignore the Debt Problem


Thursday October 27th, 2016   •   Posted by Craig Eyermann at 5:57am PST   •   1 Comment

That Hillary Clinton and Donald Trump are ignoring the United States government’s debt problem as they campaign for the presidency is the consensus of former Federal Reserve Chair Paul Volcker and former Commerce Department Secretary Peter Peterson, who recently co-authored an op-ed in the New York Times. They describe their dismay with both candidates:...
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