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Tag Archives : Sequester

Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

Posted on April 6, 2013

Are we about to see a new kinder-and-gentler Obama? Has the tax-and-spend President of the past four years been replaced by a fiscal moderate? That’s certainly the spin we’re getting from the White House about the President’s new budget. Let’s look at this theme, predictably regurgitated in a Washington Post report. President Obama will release […]

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Sequestration’s Impact on HUD: Just 358 More Days and Mission Accomplished

Sequestration’s Impact on HUD: Just 358 More Days and Mission Accomplished

Posted on March 12, 2013

As part of my “Question of the Week” series, I had to decide which department of the federal government was most deserving of abolition. With a target-rich environment of waste, fraud, and abuse in Washington, that wasn’t an easy question to answer. But I decided to pick the Department of Housing and Urban Development, and […]

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My Heart Breaks and Tears Flow When I Read about Sequestration Being a Big Defeat for Lobbyists

My Heart Breaks and Tears Flow When I Read about Sequestration Being a Big Defeat for Lobbyists

Posted on March 11, 2013

I believe in the First Amendment, so I would never support legislation to restrict political speech or curtail the ability of people to petition the government. That being said, I despise the corrupt Washington game of obtaining unearned wealth thanks to the sleazy interaction of lobbyists, politicians, bureaucrats, and interest groups. So you can imagine […]

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As Humorously Explained by Henry Payne, the World Amazingly Didn’t End When Uncle Sam Got Put on a Sequester Diet

As Humorously Explained by Henry Payne, the World Amazingly Didn’t End When Uncle Sam Got Put on a Sequester Diet

Posted on March 10, 2013

When I last checked, Henry Payne was winning the bronze medal in the contest to identify the best political cartoonist. You can see why by checking out this cartoon about Washington’s reaction to sequestration, which (gasp!) slightly slows the growth of the federal budget so that it is only $2.4 trillion bigger 10 years from […]

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Challenge for Keynesian Anti-Sequester Hysterics: Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending?

Challenge for Keynesian Anti-Sequester Hysterics: Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending?

Posted on March 6, 2013

Triggered by an appearance on Canadian TV, I asked yesterday why we should believe anti-sequester Keynesians. They want us to think that a very modest reduction in the growth of government spending will hurt the economy, yet Canada enjoyed rapid growth in the mid-1990s during a period of substantial budget restraint. I make a similar […]

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Challenge for Keynesian Anti-Sequester Hysterics: Why Did Canada’s Economy Boom When the Burden of Spending Was Sharply Reduced?

Challenge for Keynesian Anti-Sequester Hysterics: Why Did Canada’s Economy Boom When the Burden of Spending Was Sharply Reduced?

Posted on March 5, 2013

In this appearance on Canadian TV, I  debunk anti-sequester hysteria, pointing out that “automatic budget cuts” merely restrain government so that it grows $2.4 trillion over the next 10 years rather than $2.5 trillion. I also point out that we shouldn’t worry about government employees getting a slight haircut since federal bureaucrats are overcompensated. Moreover, […]

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Obama Suffers a Painful Loss in the First Big Fiscal Battle of His Second Term

Obama Suffers a Painful Loss in the First Big Fiscal Battle of His Second Term

Posted on March 4, 2013

The statist agenda of ever-growing government requires more money going to Washington, which is why I think that proponents of limited government should do everything they can to block tax increases. This is the “starve the beast” theory, and I’ve previously explained why I think it is a necessary part of any long-run strategy to […]

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Earth to New York Times: Please Show Us these “Deep Spending Cuts” You Keep Writing About

Earth to New York Times: Please Show Us these “Deep Spending Cuts” You Keep Writing About

Posted on February 26, 2013

Sigh. I feel like a modern-day Sisyphus. Except I’m not pushing a rock up a hill, only to then watch it roll back down. I have a far more frustrating job. I have to read the same nonsense day after day about “deep spending cuts” even though I keep explaining to journalists that a sequester […]

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Debunking Sequester Hysteria from the Big Spenders in Washington

Debunking Sequester Hysteria from the Big Spenders in Washington

Posted on February 25, 2013

I shared a couple of amusing sequester cartoons the other day, and I’ve previously written about the absurdity of anti-sequester hysteria in Washington when all it means is that the federal budget will grow by $2.4 trillion over the next 10 years rather than $2.5 trillion. This Nate Beeler cartoon effectively captures the mindset of […]

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Will GOP Fumble Away Guaranteed Sequester Victory?

Will GOP Fumble Away Guaranteed Sequester Victory?

Posted on February 21, 2013

Notwithstanding hysterical rhetoric from the White House, the bureaucracies, and the various pro-spending lobbies in Washington, the sequester does not mean “vicious” or “draconian” spending cuts. I wish that was the case. All it does is restrain spending so that it grows by $2.4 trillion over the next 10 years rather than $2.5 trillion. We […]

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