Browsing All posts tagged under »Fiscal Policy«

No Surprise: Government Spending Up 21% in Two Years

October 14, 2010

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But… but… it’s not enough! I thought all that spending was supposed to save the economy? I guess we’re just not spending quite enough. That, or the massive spending, borrowing and printing of money is actually having an adverse effect on economic growth. Once again domestic accounts far and away led the increases. Medicaid rose by 8.7%, […]

Out with a Bang: Democrats Plan Lame Duck 401k Grab

October 14, 2010

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No, seriously. In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a “fair” pension to everyone using that confiscated money coupled with the mandated contributions.  This would, of course, be a sister government ponzi scheme working in tandem with Social Security, […]

Brace for the Next Democrat Push: the VAT

March 24, 2010

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Hot Air is pointing out several recent stories that seem to indicate we may face a VAT fight soon. The New York Times and Nancy Pelosi are pushing for it, Charles Krauthammer and the CATO Institute warn we could face this fight very soon. The Value Added Tax acts as a stealth sales tax, only […]

In Spite of Record Deficits Dems Planning New Round of “Stimulus”

November 28, 2009

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If this Republic continues to spend this way eventually the consequences will catch up with us. Whether that takes the shape of a worthless dollar, massive inflation, sky-high interest rates, or some combination thereof is unclear now. What is clear is that the day is coming when we won't be able to charge our absurd spending on credit and, when that day comes, this nation will be a very different place.