The Congressional Budget Office left out two critical elements in its announcement that deficits now appear to be under control: birth rates and tipping points.
Today is our lucky day, the day each year my wife and I get to be on the receiving end of multiple doses of federal welfare — for our overnight Amtrak excursion from Lorton, Virginia (near Washington, D.C.), to Sanford, Florida (near Orlando).
In an op-ed, Senator Orrin Hatch (R-Utah) praises the Trans-Pacific Partnership (TPP). Hatch, a consistent supporter of all things globalist, argues that when one is presented with the “facts” about the TPP, that person would join in him in pushing for the agreement’s passage.
If the U.S. Senate confirms Obama Fed nominee Janet Yellen, she will use her power to ensure the continued ascendancy of the “money trust,” to the long-lasting detriment of America’s dwindling middle class.
A poorly researched and documented report by the U.S. Treasury on the hazards of a default was picked up uncritically by members of the media who should know better.
The very fact that the government shutdown has forced Washington to admit that much of what it does is “non-essential” is an important wake-up call.
“We got our mops and our brooms out here and were cleaning stuff out and they're sitting there saying, ‘Hold the broom better, that's not how you mop,’ ” claimed Obama in 2010, mocking those who questioned his stimulus-based approach and redistributionist ideology for economic recovery. “Don't tell me how to mop! Pick up a mop!”
Well, it's more than three years since Obama said those words and here's what he's saying now: “The average American earns less than he or she did in 1999,” he declared last month at Knox College in Galesburg, Ill.
The Atlantic magazine derided a series of economic studies estimating "unfunded liabilities" facing the United States at between $38 trillion and $200 trillion, determining through simplistic assumptions that U.S. liabilities are not a problem.