President Obamas economic policies always seem to be a zero-sum proposition with winners and losers. Usually the losers are all Americans, who suffer from slower economic growth.
Another day, another news article supportive of raising the federal gas tax. This time its theWall Street Journal.
The Washington Post reported that NASA spent $349 million on a rocket test facility that is completely unused. It is an impressive structure, a handsome monument to congressional folly, as the photo shows.
No one has spotlighted the ongoing waste in federal spending more than Tom Coburn of Oklahoma.
In the election, Congress swung decidedly in a small-government direction, but the Posts reporting did not reflect that reality, and instead presented only the lobbyist point of view.
DHS illustrates a fundamental problem with the federal government: it tries to do far too much, and ends up doing little well.
Im sure that macroeconomic models have grown more sophisticated today, but they still cant predict very well.
This is the most stunning result from the survey: Asked if their leaders maintain high standards of honesty and integrity, just 39.1 percent of employees responded positively.
Thank goodness for the states. Many governors are championing fiscal reforms, and business tax cuts are one area of progress.
Paul Krugman slammed Brownbacks tax cuts, saying, the states budget has plunged deep into deficit, provoking a Moodys downgrade of its debt.
The episode was a very gutsy move by Reagan, with beneficial consequences.
The chart shows that the number of federal subsidy programs has almost doubled since 1990, reaching 2,282 today.
A tragedy is unfolding in Texas as thousands of illegal immigrants are pouring over the southern border.
The VA has one of the highest firing rates for this class of worker at 0.18 percent. But that’s still just 1 in 555 workers in 2013.
President Bush promised that DHS would “improve efficiency without growing government.” Ha!
Mad “asked readers to write FBI Director J. Edgar Hoover to request an ‘Official Draft Dodger Card,’” and many did. Hoover was not amused.
Here’s what nearly all media stories on this topic gloss over: the share of U.S. bridges that are structurally deficient has been falling steadily for more than two decades.
The problem is not just that programs such as Medicare keep growing, but also that Congress keeps adding new programs.
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