Between spending cuts or tax hikes, which do you suppose does more damage to a nation’s economy? If you said tax hikes, you’re right! Political Calculations recently looked at the impact of both government spending cuts in Greece, Spain and the United States, and found the following impacts for each dollar of either spending…
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What effect will President Obama’s having ordered the Environmental Protection Agency to go to war against U.S. coal-fired power plants have upon the U.S. economy? If you guessed “a negative one”, you’re correct! One very telling confirmation of that outcome is being reported by Amy Harder of the National Journal, who has obtained a…
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In early June the government sold 30 million shares of GM, a move doubtless timed with GM’s return to the S&P 500 index, a position the auto giant lost in 2009 when it filed for bankruptcy reorganization. But as Business Week noted, as of April 30 the federal government still held 241.6 million GM…
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As recent testimony confirms, the Internal Revenue Service has been singling out groups for extra scrutiny and abuse based on their political views. At the same time, the IRS has been singling out people who are not even supposed to be in the United States for special convenience. For example, in 2011 the IRS…
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How costly is the burden of government regulations upon the typical American? For anyone with any real world experience in business, it’s well known that it costs money to comply with government regulations, and in a lot of cases, it can be extremely costly. But how costly they can be is something that can…
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Over the last several months, we’ve shared a lot of stories where the people who run federal government agencies are clearly and consistently putting the interests of their bureaucrats ahead of those of the American people. Today’s example, reported by the Associated Press, comes from the scandal-plagued Internal Revenue Service: The Internal Revenue Service…
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On June 5, some 8,000 government employee union members rallied at the California capitol. “We’re letting them know this is our house!” said union boss Yvonne Walker of the Service Employees International Union (SEIU), California’s largest government employee union. As it happens, Walker is right. Government employee unions do own the place, and members…
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As we have noted here, surveillance issues are not new. When the Senate and House recently reauthorized the Foreign Intelligence Surveillance Act (FISA), Senate majority leader Harry Reid said the measure was imperfect but necessary to “protect us from evil in this world.” California Sen. Dianne Feinstein claimed that FISA had led to 100…
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Meet Ed Markey, presently an elected member of the U.S. House of Representatives from Massachusetts and the front-running candidate in that state’s special election to fill the U.S. Senate seat left vacant by John Kerry’s move to become the U.S. Secretary of State: http://youtu.be/VfPtbFJWKGY The Daily Caller captured the key comment in Markey’s debate…
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We now have more information about how affordable health insurance will be once Obamacare rolls out. CNN reports on the costs of the “Silver” middle-tier coverage plan that will be available in California in 2014: States are starting to roll out details about the exchanges, providing a look at just how affordable coverage under…
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