Author Archive: Craig Eyermann

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

Who’s Lending the Most Money to the U.S. Government These Days?


Thursday July 24th, 2014   •   Posted by Craig Eyermann at 7:13am PDT   •   0 Comments

Earlier this week, we looked at who has accumulated the biggest piles of debt issued by the U.S. federal government. But which of these players do you suppose is loaning the U.S. government the most money today? Political Calculations found some surprising results: Even though the Federal Reserve has been reducing its purchases of...
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Who Owns America’s Debt?


Monday July 21st, 2014   •   Posted by Craig Eyermann at 7:03am PDT   •   1 Comment

Who are the major holders of debt issued by the U.S. federal government going into the summer of 2014? The answers are revealed in the chart below! Political Calculations observes: On the whole, there haven’t been many changes since our previous edition. We see that the debt reported to be held by Belgium is...
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Long-Term Budget Outlook Deteriorates


Thursday July 17th, 2014   •   Posted by Craig Eyermann at 6:37am PDT   •   0 Comments

The Congressional Budget Office (CBO) has issued its Long-Term Budget Outlook for 2014. Compared to previous reports, it projects a slightly worse outlook for the nation’s fiscal situation, which results from the CBO’s new assessment that the U.S. economy’s potential for stronger economic growth in the future is lacking. The Washington Examiner‘s Joseph Lawler...
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Overclassified Waste


Tuesday July 15th, 2014   •   Posted by Craig Eyermann at 6:41am PDT   •   0 Comments

The problems plaguing the Department of Veterans Affairs are deep and systemic. New evidence has come to light indicating that the cancer of corruption and incompetence permeating the VA is even deeper than we knew. The Huffington Post reports: The scandal-plagued Department of Veterans Affairs is systematically overpaying clerks, administrators and other support staff,...
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A Lack of Control


Friday July 11th, 2014   •   Posted by Craig Eyermann at 8:54am PDT   •   0 Comments

The Associated Press reports that for the fifth year in a row, the amount of checks that the U.S. federal government has acknowledged that it has improperly paid out has exceeded $100 billion: WASHINGTON (AP) — By its own estimate, the government made about $100 billion in payments last year to people who may...
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The Mispriorities of Bureaucrats


Tuesday July 8th, 2014   •   Posted by Craig Eyermann at 9:15pm PDT   •   0 Comments

We’ve been following the VA waitlist/rationed health care scandal since it provides such a clear window into the priorities of so many the federal government’s bureaucrats, who we’ve argued chronically put their own interests above those they are intended to serve. But the scale of those mispriorities is only just now becoming known. That...
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Obamacare’s Secret Taxpayer Bailout of Health Insurers


Sunday July 6th, 2014   •   Posted by Craig Eyermann at 7:35am PDT   •   0 Comments

The Patient Protection and Affordable Care Act, which is often abbreviated as either PPACA or ACA, but which is most popularly known as “Obamacare,” is a very complicated law that stands as an prime example of how politicians will put the interests of their crony corporate contributors ahead of those of the American people....
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Grievances Against the King


Friday July 4th, 2014   •   Posted by Craig Eyermann at 4:11am PDT   •   0 Comments

In celebration of the 237th anniversary of the signing of the United States’ Declaration of Independence from Great Britain, we thought it might be a good time to reflect on the portion of the Declaration that indicts King George III, whose policies ultimately led to the successful War of Independence for Britain’s 13 colonies...
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Privatize and Specialize the VA


Sunday June 29th, 2014   •   Posted by Craig Eyermann at 11:46am PDT   •   1 Comment

The way the Department of Veterans Affairs goes about providing health care to the veterans of the U.S. military, as it exists today, is an abject failure. In the words White House Deputy Chief of Staff Rob Nabors, the federal government agency is possessed by a “corrosive culture,” one that is characterized by “significant...
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Tracking Wasteful Government Spending


Thursday June 26th, 2014   •   Posted by Craig Eyermann at 4:24pm PDT   •   0 Comments

Believe it or not, there actually are people in the federal government whose job is to identify wasteful spending by the bureaucrats who operate federal government agencies. They work for an entity known as the Government Accountability Office (GAO), which publishes an annual report list the various types of wasteful activities that they’ve identified....
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