As the chart on the right shows, The >Trillion Dollar Debt Plan passed by the House last night surpasses even the inflation adjusted spending increases of the New Deal. To put this in perspective, Shanea Watkins and Patrick Tyrrell have crunched the numbers to look at what the 78,425,000 family households in the United States [...]
Archive for January, 2009
29 Jan
The Golden Age of Political Entrepreneurship is Here
As Joel Kotkin detailed in the Washington Post this weekend, the Wall Street Bailout and Trillion Dollar Deficit Plan being pushed through Congress this month mark the transfer of power from commercial cities like Chicago, New York, and San Francisco, to Washington DC. In the business world, campaign contributions and lobbying efforts have replaced cost [...]
29 Jan
Unprecedented Debt
In the mid-1960s, Democratic President Lyndon Johnson created a blue-ribbon commission of civic leaders who recommended chartering a center for independent nonpartisan analysis. The Urban Institute became that center. Urban Institute senior fellow Rudolph Penner told the New York Times yesterday: Many say we risk providing too little rather than too much stimulus. Don’t bet [...]
29 Jan
Big Labor Does Not Need Anymore Help
Sen. Reid has said he wants the Senate to vote on the misnamed Employee Free Choice Act (EFCA) this summer. The bill, Big Labor’s highest legislative priority, effectively eliminates secret ballot organizing elections. Instead of letting workers decide whether or not they want union representation in the privacy of the voting booth, EFCA requires workers [...]
29 Jan
Why Obama Failed
In his inaugural address, President Barack Obama insisted that “the stale political arguments that have consumed us for so long no longer apply.” To this end, the president pledged to make the passage of an economic stimulus package as bipartisan as possible. Well, the House vote on his stimulus bill was bipartisan — against Obama. [...]
29 Jan
Democrats Among Stimulus Skeptics
Some See Long-Term Goals Going Unmet Republican criticism of the stimulus package that the House will vote on tonight has focused on its soaring price tag, but some Democrats on Capitol Hill and other administration supporters are voicing a separate critique: that the plan may fall short in its broader goal of transforming the American [...]
29 Jan
Rest in Peace . . .
The United States of America July 4, 1776 – Jan 20, 2009 Rest in Peace Found on TexasFred.net
28 Jan
Liberal Victimhood: A Game You Can Play at Home
I notice that liberals have not challenged the overall thesis of my rocketing bestseller, “Guilty: Liberal ‘Victims’ and Their Assault on America,” which is that liberals always play the victim in order to advance, win advantages and oppress others. I guess that would be hard to do when the corrupt Democratic governor of Illinois is [...]
28 Jan
“Stimulus” 101 Update: The Trillion Dollar Spending Plan Passes House
On Wednesday, January 28, the House passed the single largest spending bill in United States history by a 244-188 vote. It remains to be seen where the stimulus is in this bill. Conservative alternatives exist that promise twice the jobs at half the cost, yet the Left continues to support a plan that does little [...]
28 Jan
‘Obama-Limbaugh Economic Stimulus Plan of 2009′ May Now Get A Closer Look
In making a target of Rush Limbaugh, the Democratic Congressional Campaign Committee may end up boosting traffic to the radio host’s Web site, where readers — liberal and conservative — will find what Limbaugh describes as a serious, bipartisan economic stimulus proposal. Limbaugh says his “genuine compromise” — the “Obama-Limbaugh Stimulus Plan of 2009” — [...]
