Tag Archives : Obama
This Must Be Part of Obama’s Drive for Government Efficiency
The Department of Housing and Urban Development is trying hard to win the “Bureaucracy of the Year Award,” and they have a new motto. But I think the bureaucrats at HUD are cheating. I’m almost sure I saw one of these signs during my last visit to the DMV, though I confess I started hallucinating […]
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The Kiss-Your-Sister Budget Deal Is Finalized, but Claudia Schiffer Still Ain’t Your Sibling
There were reports about 10 days ago that the crowd in Washington reached a budget deal, for the remainder of the 2011 fiscal year, with $33 billion of cuts. That number was disappointingly low. I wrote at the time that if this was a kiss-your-sister deal, we didn’t have any siblings that looked like Claudia […]
read more...In One Chart, Everything You Wanted to Know about Ryan vs. Obama
Forget all this talk about giant “spending cuts” of $6.2 trillion in Congressman Ryan’s budget plan. That’s music to my ears, but it’s also based on Washington’s bizarre budget math – i.e., the screwy system where politicians can increase spending but say they’re cutting spending because the budget could have grown even faster. What really […]
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Obama Hypocrisy Is Disgusting, but Unsurprising
I don’t like it when politicians pass laws that undermine the freedom and prosperity of the American people. But I really hate it when politicians pass those laws and exempt themselves. Years ago, as a lowly Senate staffer, I recall watching a debate about whether politicians were going to increase fuel economy regulations and thus […]
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The Stupid Party Strikes Again: Republicans May Raise Debt Limit in Exchange for Symbolic BBA Vote
The old joke in Washington is that Democrats are the evil party and Republicans are the stupid party (which is why you should guard your wallet and freedom whenever you hear talk of “bipartisanship”). The GOP definitely is doing what it can to prove that at least one side of that joke is true. Republicans […]
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I’m Shocked, Shocked, that Obama Wasn’t Telling the Truth about the Cost of Obamacare
This won’t surprise anyone with a pulse, but Obama, Reid, Pelosi, et al, were disingenuous about the costs of Obamacare. The Congressional Budget Office has released revised numbers and government-run healthcare will cost 8.6 percent more than what was projected in last year’s forecast. This doubtlessly is just the first of many “re-estimates” that will […]
read more...China, Currency Wars, Monetary Policy, and Competitiveness
I was part of a debate for an English-language Russian TV program on the international implications of economic policy, particularly with regard to the United States and China. My job was simple because I am not a big fan of either nation’s policy. Government intervention and favoritism is bad policy – regardless of skin color. My […]
read more...Barack Obama and Harry Reid Are AWOL in the Fight for Fiscal Responsibility
In the past 10 years, the burden of federal spending has skyrocketed, more than doubling from$1.86 trillion in 2001 to an estimated $3.82 this year. President Bush deserves a lot of the blame thanks to the no-bureaucrat-left-behind bill that bloated the Department of Education, the corrupt farm bills, the pork-filled transportation bills, the new prescription […]
read more...GOP Wins First Skirmish in Budget Fight, but Shutdown Battle Still Looms
A large number of Democrats voted with Republicans in the House yesterday to pass a two-week spending bill that includes $4 billion in cuts compared to what Obama requested. This is a modest victory for the GOP since they can truthfully claim that they are on target to impose the equivalent of $100 billion of […]
read more...Should Congress Say No to Increasing the Debt Limit?
The Tea Party doesn’t mince words. In a bold editorial posted at Foxnews.com, the leaders of the Tea Party Patriots, along with Andy Quinlan of the Center for Freedom and Prosperity and a private investor named Steve Baer, make the case for cutting up the government’s credit card. Reading this column makes me feel wimpy. […]
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