Washington's spendthrift ways have taken much of the blame for sending the budget deficit more than $1.5 trillion during the recession, but equal blame should go to a collapse in federal revenues to 60-year lows, budget analysts say.
To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical. --Thomas Jefferson
Is the college-for-all pathway the only road to success? President Obama doesn't seem to think so, and the proof is smacking us in the face.
America's free and open economy is the key to our unparalleled prosperity. It's why we have the world's largest economy and why so many people around the world want to come here. Without economic freedom, there would be no American dream. Alas, that dream is fading.
This past week was both an interesting one and for the most part one that turned out I would say as expected. I'm referring to both Election Day and the formal announcement of what many have come to call QE2, or Quantitative Easing Part 2, by the Federal Reserve.
Most people agree that, when it comes to economic recovery, more economic activity is better than less. When companies buy and sell more goods and services, we get more jobs and growth.