Right now, the IMF is trying to forward controversial “reforms,” changes that are strongly supported by the Obama administration and most IMF member regimes, that would massively expand the institution’s power and the burden it imposes on taxpayers — particularly American taxpayers — by doubling IMF resources. The scheme would also diminish U.S. influence in IMF decisions while boosting the voice of the communist dictatorship ruling mainland China, Putin’s Kremlin, the pro-Castro Brazilian government, and various other regimes that the UN refers to as “emerging markets.”
In a country where people extol the virtues of free enterprise, why is the U.S. government involved in the delivery of mail? After all, it would be difficult to find a better example of a violation of the principles of free enterprise than the U.S. Postal Service.
In calculating personal income in the United States, the Tax Foundation is missing a huge part of the economy: the one that runs just fine without government interference.
On Tuesday, the Wall Street Journal reported that the federal government will be paying $800 billion annually just to service the interest on its massive debt by 2025, up from just over $200 billion currently.