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Economic Lessons Series

Promote Federalism and Replicate the Success of Welfare Reform with Medicaid Block Grants

Promote Federalism and Replicate the Success of Welfare Reform with Medicaid Block Grants

Posted on June 27, 2011

The Medicaid program imposes high costs while generating poor results. This Center for Freedom and Prosperity Foundation video explains how block grants, such as the one proposed by Congressman Paul Ryan, will save money and improve healthcare by giving states the freedom to innovate and compete.

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Saving Medicare: Free Market Reforms Are Better than Bureaucratic Rationing

Saving Medicare: Free Market Reforms Are Better than Bureaucratic Rationing

Posted on May 17, 2011

This Center for Freedom and Prosperity Foundation video explains how a “premium-support” plan would solve Medicare’s fiscal crisis and improve the overall healthcare system. This voucher-based system also would protect seniors from bureaucratic rationing.

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The IRS Running Amok: Forcing American Bank to Put Foreign Tax Law Above U.S. Tax Law

The IRS Running Amok: Forcing American Bank to Put Foreign Tax Law Above U.S. Tax Law

Posted on April 11, 2011

Even though it violates existing law, the IRS is seeking to impose a regulation that will discourage foreign investment in the U.S. economy and undermine the competitiveness of American banks. This CF&P Foundation video provides five reasons why this proposal is misguided, including the risk to innocent people living under corrupt and tyrannical governments.

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Time to End the Fed? The Origin of Central Banking and Possible Alternatives

Time to End the Fed? The Origin of Central Banking and Possible Alternatives

Posted on March 21, 2011

The Federal Reserve has existed for almost 100 years and it has created depressions, recessions, inflation, and bubbles. This CF&P Foundation video explains the origin of central banking and mentions possible alternatives that will be discussed in subsequent mini-documentaries.

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Spending Restraint, Part II: Lessons from Canada, Ireland, Slovakia, and New Zealand

Spending Restraint, Part II: Lessons from Canada, Ireland, Slovakia, and New Zealand

Posted on February 22, 2011

Nations can make remarkable fiscal progress if policy makers simply limit the growth of government spending. This video, which is Part II of a series, uses examples from recent history in Canada, Ireland, Slovakia, and New Zealand to demonstrate how it is possible to achieve rapid improvements in fiscal policy by restraining the burden of government spending. Part I of the series examined how Ronald Reagan and Bill Clinton were successful in controlling government outlays — particularly the burden of domestic spending programs.

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Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton

Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton

Posted on February 14, 2011

Ronald Reagan and Bill Clinton both reduced the relative burden of government, largely because they were able to restrain the growth of domestic spending. The mini-documentary from the Center for Freedom and Prosperity uses data from the Historical Tables of the Budget to show how Reagan and Clinton succeeded and compares their record to the fiscal profligacy of the Bush-Obama years.

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Saving Social Security with Personal Retirement Accounts

Saving Social Security with Personal Retirement Accounts

Posted on January 10, 2011

There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely thanks to demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager benefits. This video explains how personal accounts can solve both problems, and also notes that nations as varied as Australia, Chile, Sweden, and Hong Kong have implemented this pro-growth reform.

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Debunking White House Pro-Tax Increase Propaganda

Debunking White House Pro-Tax Increase Propaganda

Posted on November 8, 2010

This Center for Freedom and Prosperity Foundation mini-documentary debunks White House pro-tax propaganda with a point-by-point rebuttal of a video narrated by Austan Goolsbee of Obama’s Council of Economic Advisers.

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It’s Simple to Balance The Budget Without Higher Taxes

It’s Simple to Balance The Budget Without Higher Taxes

Posted on October 4, 2010

Politicians and interest groups claim higher taxes are necessary because it would be impossible to cut spending by enough to get rid of red ink. This Center for Freedom and Prosperity video shows that these assertions are nonsense. The budget can be balanced very quickly by simply limiting the annual growth of federal spending.

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The Paris-Based OECD: Pushing Obama’s Big-Government Agenda With Your Tax Dollars

The Paris-Based OECD: Pushing Obama’s Big-Government Agenda With Your Tax Dollars

Posted on August 2, 2010

American taxpayers finance nearly one-fourth of the budget for the Paris-based Organization for Economic Cooperation and Development, an international bureaucracy that routinely advocates for more government – including more taxes and spending in the United States. In just the past couple of years, the OECD has used American tax dollars to advocate Obamacare-type health policies, push for failed Keynesian stimulus spending, promote Al Gore-style carbon taxes, and urge the enactment a value-added tax. To reduce wasteful spending and protect America’s free market system, American subsidies for this Paris-based bureaucracy should be eliminated.

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