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Why We Need to Ban Earmarks

Matt Moon keys off a tweet of mine suggesting a total earmark ban, at least until we get beyond the current disfigurement of the federal budget. He writes: I agree with Patrick that earmarks are the...

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The Problem With Education Spending Explained

There is lots of talk about what needs to be done to fix education.  The big push is that we need to spend more.  I do not totally disagree, nor do I totally agree.  The bigger problem right now is not...

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23 year old Yankee fan displays greater economic expertise than Obama team

When the time comes to replace Tim Geithner, might I suggest than Kelly Rutkowski, a 23 year old fan of the New York Yankees from New Jersey, might be an improvement“I literally can’t afford to keep...

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Speak out against the spending

The recent explosion in spending is no secret.  The government has already pledged more than $4 trillion in its attempt to solve this economic crisis—more than the cost of World War II. As though...

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Growing the Failure

In his inaugural address, President Obama said we should not worry about the size of government, but about whether we're spending money on things that work... The question we ask today is not whether...

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If You Call Obama “Socialist,” Then the House GOP Is 99% Socialist

 Cato's Chris Edwards is correct.  Republicans are playing small-ball.  They have no real vision, so they've ended up with policy paralysis.  - Jon HenkeAs I note in a recent New York Postop-ed...

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My Comments on the National Debt

Today brings another example of how spending in Washington is dangerously out of control. With the national debt approaching $12.135 trillion, and the Treasury Department having to use "extraordinary...

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Breaking Uncle Sam’s Spending Addiction

Uncle Sam is addicted to spending. We’re use to seeing him pointing and saying “I want YOU!” He’s still pointing but now he’s saying “I want your CASH.” He needs a fix. It is little wonder that he is...

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Krugman's Keynesian Devotion Dooms Us to Future Downturns

I try to read all of Princeton economist and New York Times’ contributor Paul Krugman’s columns. Call it a nerdy form of masochism. By the end of each article I’m often left ripping at my hair and...

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Clever Visual Explanation of U.S. Debt and Spending

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