President Obama’s proposed budget for fiscal year 2012 has been released and there is lots of rhetoric in Washington about “budget cuts.” At first glance, this seems warranted. According to the just-released fiscal blueprint, the federal government is spending about $3.8 trillion this year and the President is proposing to spending a bit more than [...]
Archive for February 14th, 2011
Deconstructing the Spending Side of Obama’s Proposed FY2012 Budget
Posted in Big Government, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Obama, Spending, Unemployment, Welfare State, tagged Big Government, Debt, Deficits, Federal Budget, Federal Spending, Government Spending, Obama, Welfare State on February 14, 2011 | 15 Comments »
To Fix the Budget, Bring Back Reagan…or Even Clinton
Posted in Balanced Budget, Big Government, Bush, Clinton, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Obama, Rahn Curve, Reagan, Spending, Welfare State, tagged Big Government, Bush, Clinton, Debt, Deficit, Federal Budget, Fiscal Policy, Government Spending, Obama, Reagan, Welfare State on February 14, 2011 | 44 Comments »
President Obama unveiled his fiscal year 2012 budget today, and there’s good news and bad news. The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government is far too big and Obama’s budget does nothing to address this [...]
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