Read More »"/> Read More »"/> August, 2013 | MyGovCost | Government Cost Calculator - Part 2

Archive for August, 2013

USPS Still a Loser


Wednesday August 14th, 2013   •   Posted by K. Lloyd Billingsley at 8:54am PDT   •   4 Comments

In the quarter that ended June 30, the U.S. Postal Service (USPS) lost $740 million, down from $5.2 billion in losses during the same period last year. The USPS managed to reduce those losses by eliminating delivery routes, raising prices on stamps, consolidating facilities, cutting hours and other measures. Revenue from shipping packages was…
Read More »

The Sequester Furloughs Fizzle


Wednesday August 14th, 2013   •   Posted by Craig Eyermann at 7:04am PDT   •   2 Comments

Back in February, President Obama and many of his appointed officials tried to make a federal case out of looming budget cuts required by the budget control deal he cut back in the summer of 2011 during the debt ceiling crisis. Spending cuts that he proposed, which were called the “sequester”. We’ve been saying…
Read More »

DEA Leaves Student Nearly DOA


Monday August 12th, 2013   •   Posted by K. Lloyd Billingsley at 9:03am PDT   •   3 Comments

Last year, the UC San Diego engineering student Daniel Chong was mistakenly swept up in a DEA raid near the UC campus. Chong, 25, had committed no crime and was not charged with anything. But DEA agents stuck the student in a small windowless interrogation room with no food, water, or toilet facilities, and…
Read More »

The Great Food Stamp Binge


Saturday August 10th, 2013   •   Posted by Craig Eyermann at 6:49am PDT   •   6 Comments

According to a poll commissioned by Fox News, 74% of Americans think Americans rely too much on government programs for assistance, such as food stamps, and not enough on themselves. And speaking of food stamps, the poll also indicates 57% of Americans believe that most of the people on food stamps, or rather, the…
Read More »

NSA, TSA, SOS


Friday August 9th, 2013   •   Posted by K. Lloyd Billingsley at 8:58am PDT   •   8 Comments

As the New York Times reports, the National Security Agency (NSA) is “not just intercepting the communications of Americans who are in direct contact with foreigners targeted overseas.” The agency is “also casting a far wider net for people who cite information linked to those foreigners.” Further, in its extensive computer searches of data,…
Read More »

How Washington, D.C., Works (or Not), Part 4


Thursday August 8th, 2013   •   Posted by Craig Eyermann at 6:52am PDT   •   0 Comments

Freakonomics co-author Stephen Dubner recently conducted a very entertaining interview with the authors of another publication that readers of the MyGovCost blog might find interesting. We’ll let him describe it: Our latest podcast is called “Government Employees Gone Wild.”… It’s about a book that I’ve come to love — a most unusual book. What…
Read More »

PorkIgration.con


Wednesday August 7th, 2013   •   Posted by K. Lloyd Billingsley at 9:49am PDT   •   2 Comments

Few would challenge the need for meaningful immigration reform in American, but taxpayers have good cause to wonder why the current immigration bill pending in Congress includes earmarks and pork barrel spending for special interest advocacy groups. In the style of Obamacare, many Senators and members of Congress may not have read the entire…
Read More »

Government Motors Still a Guaranteed Loser for Taxpayers


Monday August 5th, 2013   •   Posted by K. Lloyd Billingsley at 9:44am PDT   •   3 Comments

From January to June, General Motors sold 4.85 million cars and trucks worldwide, an increase of almost 4 percent, and the new Chevrolet Impala is getting rave reviews. GM bosses may be popping the bubbly, but the huge automaker remains a guaranteed loser for American taxpayers. Recall that taxpayers bailed out a bankrupt General…
Read More »

Uncle Sam’s Employees vs You


Sunday August 4th, 2013   •   Posted by Craig Eyermann at 9:26am PDT   •   5 Comments

How does your income compare to that of an employee of the U.S. federal government? Recently, Political Calculations took a unique approach to answering that question. They obtained the federal government’s public payroll data for every one of its employees named Smith and used that as a statistical sample to model their distribution of…
Read More »

A Shortage of Confidence


Saturday August 3rd, 2013   •   Posted by Burt Abrams at 11:42am PDT   •   2 Comments

Imagine the following scenario. Unemployment remains stubbornly high as the Chairman of the Federal Reserve enters the Oval Office. The President urges the Chairman to pump more money into the economy to stimulate economic growth before his reelection bid. The Chairman responds: “In my view, the monetary authority has laid the foundation for recovery. What is holding back the economy now is…
Read More »

Facebook Twitter Youtube

Search MyGovCost