Posts Tagged ‘federal spending’

MyGovCost enables us to understand impact of federal spending


Saturday October 2nd, 2010   •   Posted by David Theroux at 1:58am PDT   •   1 Comment

In a new article in the Washington Examiner, “For a frugal Gal, I have got a lot of debt,” Tina Korbe discusses the merits of the Government Cost Calculator at MyGovCost.org: “Among my friends, I’m known for my frugality. I budget scrupulously, log every purchase I make in a ledger and often forego even…
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Private Investment vs. Government Spending in the Recession


Sunday September 26th, 2010   •   Posted by David Theroux at 5:58am PDT   •   1 Comment

Independent Institute Senior Fellow Robert Higgs examines the serious problem of “regime uncertainty” being created by the feasting of federal spending programs starving (crowding out) the private investment needed for recovery from the recession: “Private saving and investment are the heart and soul of the dynamic market process. Together they provide and allocate the…
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Obstacle to Deficit Cutting: A Nation on Entitlements


Tuesday September 21st, 2010   •   Posted by David Theroux at 11:24pm PDT   •   1 Comment

In an incisive, recent article in the Wall Street Journal, Sara Murray reports that: “Efforts to tame America’s ballooning budget deficit could soon confront a daunting reality: Nearly half of all Americans live in a household in which someone receives government benefits, more than at any time in history. “At the same time, the…
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29.4% Increase in Pork in 2011 Senate THUD Act


Tuesday September 14th, 2010   •   Posted by David Theroux at 6:56am PDT   •   3 Comments

Citizens Against Government Waste reports that the U.S. Senate’s version of the 2011 Department of Transportation, Housing, and Urban Development (THUD) Appropriations Act includes 590 projects ($2.2 billion) with an increase of 29.4% in costs over Fiscal Year 2010’s 588 projects. “The significant increase in the number of projects is indicative of senators’ continued…
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82% Say More Government Stimulus Will Destroy Jobs


Monday September 6th, 2010   •   Posted by David Theroux at 12:31am PDT   •   0 Comments

In a new online poll by the Wall Street Journal, 82.2% of those participating are voting no to the question, “Can more government stimulus lower the nation’s unemployment rate?” As the article states: “Washington’s response to the country’s stubbornly high unemployment rate will depend in part on who wins an increasingly intense debate over…
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