When John F. Kennedy was President, just over a quarter of federal spending went to fund programs paying for some 21.7 million Americans to be dependent on Uncle Sam. But as high as that spending and dependence on the federal government was then, it has exploded today, with one in five Americans — more than 67.3 million — depending on Washington for assistance. The Heritage Foundation’s 2012 Index of Dependence on Government shows an alarming trend under the Obama Administration of a level of dependence on our government that has … More
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During his State of the Union speech, President Obama introduced a new plan to save responsible homeowner $3,000 a year on their mortgages by refinancing at historically low interest rates. Americans would be wise to be cautious, however, about the new efforts by the federal government. The federal government’s previous intervention in the market has distorted the housing market’s natural forces and postponed the economic recovery. So far, government interventions and the bailout of Fannie Mae and Freddie Mac have cost taxpayers $300 billion. The new plan may cost taxpayers … More
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Ready to trade in your car for a bike, or maybe a subway instead? Interested in fewer choices for your home, paying more for housing, and being crammed into a denser neighborhood? You can have all this and more if radical environmentalists and “smart growth” advocates have their way and local, state, and the federal government impose the policies set forth in the United Nations’ Agenda 21. You might have heard of this nefarious-sounding policy in a recent Republican presidential debate, but even if you haven’t, here’s some background information: … More
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