Posts belonging to Category Budget

Obamanomics and my Seven Steamy Nights with the Gals from Victoria’s Secret

By Daniel J. Mitchell

The White House is claiming that the so-called stimulus created between 2.5 million and 3.6 million jobs even though total employment has dropped by more than 2.3 million since Obama took office. The Administration justifies this legerdemain by asserting that the economy actually would have lost about 5 million jobs without the new government spending.
 
I’ve [...]

What Is a ‘Strong’ Defense?

By Christopher Preble

The good people at the Stimson Center’s Budget Insight blog invited me to contribute a guest post discussing the Sustainable Defense Task Force report  Debt, Deficits, & Defense: A Way Forward. Here’s an excerpt:
The most common response [to the report] has been some sympathy for our argument that military spending should be subjected to the same [...]

New York State Should Cut Property Taxes

By Steve H. Hanke

The New York Times editorialists are at it again.  June 12th’s lead editorial, “The Latest Work Dodge: A Shutdown,” frets over the specter of the New York state government being shut down because Albany’s legislators can’t agree on a budget.  Well, the Times must have breathed a collective sigh of relief late Monday (June 14th).  That’s [...]

Obama’s Credibility Gap X: The RUSE Act

After adding over $2 trillion to the national debt in just 16 months, the White House is suddenly finding it useful to appear fiscally responsible in an election year. Yesterday, the President proposed the Reduce Unnecessary Spending Act, whic…

Union Bosses Plan Election Night Bailout For Dems

In hopes of keeping their Democratic supporters in power, major unions are planning on spending hundreds of millions of dollars to support Democrats in the 2010 elections. And in return, they hope the Democrats in Washington will bailout their…

Hitting The Snooze Button On Our Debt

This Thursday, House Democratic Leader Steny Hoyer (D-MD) announced that for the first time since 1974 the House will not consider a budget resolution. An examination of the President’s $3.8 trillion FY2011 budget proposal quickly reveal…