Category: Government Spending
The analysis published under this category are as follows.
Friday, July 16, 2010
Governments Squandering the Wealth of Generations / Politics / Government Spending
By: David_Galland
David Galland, Managing Director, Casey Research writes:
Watching my children grow older, now heading into the treacherous shoals of the teenage years, has been a visceral reminder of how the human mind develops. As young children, we see the world with fresh eyes and wonderment, and then quickly begin testing the physical and societal bounds as part of morphing into our more mature selves.
Sunday, June 27, 2010
UK Public Sector Workers Literally Wasting Tax Payer's Money Sitting Idle / Politics / Government Spending
By: Mike_Shedlock
Sheldon a former public sector worker in the UK writes ...
Monday, June 14, 2010
The Tea Party and the Looming Financial Cataclysm / Politics / Government Spending
By: Gary_North
The phrase "Tea Party" is synonymous these days with the politics of spending cuts. The big one is the compulsory health insurance law. Tea Party people want it repealed. Yet in the grand scheme of things fiscal, that law is a drop in the tea cup.
Sunday, June 13, 2010
Obama Orders Chump Change Federal Government Spending Cuts / Politics / Government Spending
By: JD_Rosendahl
Recently, in an attempt to look strong on spending and budget management, Obama orders cost-cutting, property sales.
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Tuesday, June 01, 2010
Guarding Your Money from Government Onslaughts / Politics / Government Spending
By: LewRockwell
Richard Daughty writes: Grandfather-economic-report.com is famous for presenting whole constellations, in graphic form, of horrors about the mess that fiat money and government, in the hands of incompetent do-gooders, has allowed.
Monday, May 24, 2010
Congress Writes More Blank Checks for the Military Industrial Complex / Politics / Government Spending
By: Dr_Ron_Paul
Congress, with its insatiable appetite for spending, is set to pass yet another "supplemental" appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal government. These are akin to a family that consistently outspends its budget, and therefore needs to use a credit card to make it through the end of the month.
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Wednesday, April 28, 2010
How Much Is This Economic Recovery Going to Cost? / Economics / Government Spending
By: Justice_Litle
The perception of stimulus-driven recovery that has so lifted the Federal Reserve’s reputation has not been purchased without cost… and that cost may prove too much for us to bear.
Sunday, April 11, 2010
NHS Bankrupts Britain / Economics / Government Spending
By: Nadeem_Walayat
The government is set to spend an estimated £677 billion this financial year on the public sector (2009-10), that is currently running an ANNUAL £167 billion deficit, i.e. the government spends £167 billion a YEAR more than it earns in revenue which is contributing to towards igniting Britains inflationary debt spiral, that risks accelerating trend towards an hyper inflationary bust leaving savers with worthless paper and the economy in ruins, i.e. bankrupt.
Tuesday, April 06, 2010
How Much Do You Really Pay for Social Security? / Politics / Government Spending
By: Casey_Research
Vedran Vuk, Casey Research writes:
Every generation scolds the next one down the line and blames society’s ills on the guy up at bat. Considering past policy decisions, this common perspective doesn’t make much sense. Just look at the Great Depression generation, both known for its great character as well as the worst policies of the century. Clearly, older generations did not always make the best decisions. Read full article... Read full article...
Monday, March 29, 2010
It's Not the Debt, It's the Government Spending / Economics / Government Spending
By: Paul_L_Kasriel
Last Friday afternoon I listened to a senator get all worked up about the avalanche of federal debt that is about to roll over America. He is correct that there is an avalanche of debt on the way. But his concerns are misplaced. More precisely, his concerns were misplaced. To reiterate a popular rant of mine, it is not the deficit or debt that is the real economic cost of government, but rather it is the spending of the government. The government always gets its funds by taxing, by borrowing and/or by printing (if the central bank is willing). All three means of government funding are pernicious with respect to economic performance. So, it is not the government debt that we should be concerned with, but rather the government spending.
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Friday, March 26, 2010
Healthcare’s Double-Dip Recession / Economics / Government Spending
By: Andy_Sutton
One of the most interesting terms to come out of the past two years is the ‘double dip recession’. This is Newspeak for depression as far as I am concerned, but it fits with the new nomenclature we have used in an attempt to paint a crisis as not really being one. After all, what fun is it to admit that we’re in a morass that we have no hope of getting out of, or even a cogent, sensible plan for exiting? It is much easier to conjure up new terms in an attempt to move the boundaries into more palatable territory. This week, in the wake of the biggest nation-killing bill to pass out of the halls of Congress to date, I’m going to tell you exactly why we are now guaranteed a second dip (to use the nomenclature du jour), and how this is going to hit small businesses, which are the backbone of the real economy.
Wednesday, March 24, 2010
Government Healthcare Intervention, The Bigger Picture / Politics / Government Spending
By: Douglas_French
The prospect and reality of Obamacare have woken up many people to the need to stop the socialization of medical care in America. It will produce here what it has produced everywhere: stagnation, overutilization, rationing, and the sacrifice of individual well-being in the name of collective justice.
Monday, March 22, 2010
Krugman's Hoover History, Very Misleading Analysis of Deficit Spending / Economics / Government Spending
By: Robert_Murphy
At his popular New York Times blog, Paul Krugman is at it again, offering a very misleading analysis of deficit spending. Without technically lying, Krugman perpetuates the myth that Herbert Hoover insisted on budget austerity in the midst of the Great Depression. Then Krugman interprets a chart with adjectives that show his eyes can only see what his Keynesian theory will allow.
Saturday, March 20, 2010
Ponzi Economics, Ferris Geithner's Day Off / Politics / Government Spending
By: Gary_North
In my previous report, "Why Should Your Children Pay for My Retirement?" I went through the logic and economics of Social Security and Medicare. I made the point that, at some point, the bill-payers are going to resist the payments that previous generations have legislated. What one generation can legislate, a subsequent generation can repeal.
The main political question is this: In which form will this repeal manifest itself?
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Wednesday, March 10, 2010
The Two Sides on the Debate Over Government Spending / Politics / Government Spending
By: Tim_Iacono
We live in interesting times, times that are no doubt going to get much more interesting in the years ahead and, unfortunately, probably more violent.
The recent demonstrations on California college campuses following the Tea Party protests of last summer bring up the intriguing possibility that we could actually see protesters againstgovernment spending and for government spending face off against each other in the streets.
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Saturday, March 06, 2010
Too Much Hope and Audacity, Obama’s Budget is Worse than You Thought / Economics / Government Spending
By: Q1_Publishing
Forget the current estimates, the deficits are going to be much, much worse.
Just a few days after Senator Jim Bunning was labeled a “lunatic” for trying to enforce the recently enact Pay-As-You-Go laws, the Congressional Budget Office (CBO) releasted its analysis of the Obama Administration’s federal budget proposal.
Friday, March 05, 2010
We Need Bigger Budget Deficits Or We're Toast / Economics / Government Spending
By: Mike_Whitney
Barack Obama must choose between high unemployment or large fiscal deficits. It's one or the other. If he chooses to increase government spending and provide a second round of stimulus; unemployment will fall, the output gap will narrow, business confidence will strengthen, and the economy will continue on the path of recovery. If he refuses to provide more stimulus; unemployment will hover around 10 percent, credit will continue to contract, confidence will flag, and the economy will underperform for years to come.
Wednesday, March 03, 2010
Politicians Hopelessly Bad at Economics / Politics / Government Spending
By: LewRockwell
Wilt Alston writes: Nancy Pelosi claims that the new "healthcare" bill will "create 4 million jobs – 400,000 jobs almost immediately." The audacity and shamelessness of these lying politicians is something to behold. ~ Bill Anderson (on the LRC Blog)
Tuesday, March 02, 2010
We Are Being Spent Into Oblivion / Politics / Government Spending
By: Roy_F_Grieder
As we continue to ponder and debate, with way too much focus, on the mundane and inane, the perfect storm grows and rapidly approaches. It brings with it a financial tsunami and a societal train wreck. October 2008 was the outer wall of the storm, we have been living in the eye since then. Now the inner wall approaches: the global debt crisis.
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Monday, March 01, 2010
Bizarre Government Spending Habits / Politics / Government Spending
By: Dr_Ron_Paul
Last week I had the opportunity to bring up spending and transparency in two important hearings. On Wednesday I questioned Federal Reserve Chairman Ben Bernanke on some highly questionable uses of funds at the Federal Reserve, and on Thursday I asked Secretary of State Hillary Clinton about exorbitant spending at the State Department.
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