P. J. O’Rourke once remarked that if you think healthcare is expensive now, wait until you see what it costs when it’s free. [...]
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Browsing the archives for the debt tag
10 Jan 13
Moving “forward”?
Politicians are selling the idea that our economy is improving, but is anyone buying? [...]
0 Comments
Filed in ECONOMICS
Tagged debt, federal spending, freedom, money, nanny-state, politicians, property rights, standard of living, taxes
16 Jul 12
Raising taxes?
The only thing you can consistently rely on politicians for…is their inconsistency. [...]
10 Jul 12
A “taxing” question?
So Obamacare was not a tax before it was a tax even though it is not a tax? [...]
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Filed in GOVERNMENT
8 May 12
Neither snow, nor rain?…
DEFINITION: Collection of self-interested federal employees working desperately to (1) save their salaries and benefits and (2) er…provide a public service. [...]
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Filed in GOVERNMENT
18 Apr 12
Meet the national debt
The government’s plan to get us out of debt by increasing it as much as possible. [...]
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Filed in ECONOMICS
7 Feb 11
Playing favorites?
If we have learned anything from history…it is that we don’t learn anything from history. [...]
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Filed in EDUCATION
26 Jan 11
The good old days?
As Ludwig von Mises once remarked, government cannot make a man richer, but it can make him poorer. [...]
11 Jan 11
Money well spent?
And we wonder why teachers are always the first to go whenever bureaucrats discuss budget cuts. [...]
23 Nov 10
WWJFKD?
compiled & edited by Daniel Hagadorn [What would JFK do?] President John F. Kennedy appeared to have an excellent grasp of fiscal reality and perhaps ALL members of Congress would do well to heed his advice concerning the immutable relationship between raising taxes and ruining the economy.
9 Nov 10
An “agreeable” debt?
compiled & edited by Daniel Hagadorn Given our nation’s precarious financial condition, I hope that ALL Americans can agree with the following… “Mr. President, I rise today to talk about America’s debt problem.” “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a [...]
14 Sep 10
Take me out to the ballgame?
compiled & edited by Daniel Hagadorn Once upon a time, 50,000 people went to a baseball game, but sadly the game was rained out. A refund was then due. The home team was about to mail the refund checks when Congress intervened and suggested that they send out refund amounts based on the federal government’s [...]
10 Aug 10
Economic “snapshots”?
compiled & edited by Daniel Hagadorn “Debt is the fatal disease of republics, the first and the mightiest to undermine governments and corrupt the people.” –Wendell Phillips (1811-1884) OVERALL… From 1790 to 2010 the DJIA increased by 29,373%. From 1790 to 2010 the NYSE price of gold per fine ounce increased by 389%. From 1790 [...]
29 Apr 10
Government spending in perspective…
compiled & edited by Daniel Hagadorn “I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”[1] The price of history…[2] [3] [4] The Revolutionary War (1775-1783) cost $101,000,000 or $1,258,000,000 (2009 USD). The Louisiana Purchase (1803) cost $23,000,000 or $324,600,000 (2009 [...]
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