All Posts Tagged With: "budget deficit"
The Tax-the-Rich Truth Squad
In the end, all that’s left of the argument for taxing the rich more heavily is pure demagoguery and a desire to avoid the real problem, which is reducing the size and cost of government.
22Sep2011 | Steven Horwitz | 25 comments | ContinuedThe Debt Sky
Some pundits wonder if the economy can “weather the budget cuts” (sic).
5Aug2011 | Sheldon Richman | 18 comments | ContinuedRichman Interviewed on Liberty Conspiracy
FEE friend and Freeman contributor Gardner Goldsmith interviewed me yesterday about the debt-ceiling controversy on his Liberty Conspiracy program. Listen here.
28Jul2011 | Sheldon Richman | 1 comment | ContinuedDefault Not Inevitable
Freeman columnist Don Boudreaux puts the “default” scare into perspective in an op-ed in The Daily. Choice quote: After paying creditors [in August], the government will have $87.8 billion on hand in ready cash in August to spend on its myriad programs — such as Social Security, wars in the Middle East, subsidized farming and maintaining [...]
27Jul2011 | Sheldon Richman | 2 comments | ContinuedBondholders and Victims
Victims of the State have a stronger claim to resources in its possession than those who freely speculated in and hoped to profit from its power.
22Jul2011 | Sheldon Richman | 19 comments | ContinuedThe Taxes Are Coming!
Should Congress raise taxes to shrink the deficit? Or should it only cut spending? However you come down on the matter, Mario Rizzo reminds us that higher taxes are already on the way.
21Jul2011 | Sheldon Richman | 1 comment | ContinuedAbout that Debt Limit
Consenting government creditors – people who chose to buy T-bills – count on getting repaid with stolen property, aka tax revenue, which in my book taints the contract.
8Jul2011 | Sheldon Richman | 14 comments | ContinuedBudget-Cutting Resistance
So here’s the problem: While polls show that people want the government’s budget deficit and the national debt reduced, they don’t want the biggest spending items cut. In the April 17 ABC News-Washington Post poll, 59 percent said that the deficit should be reduced through a combination of unspecified spending cuts and tax increases. But [...]
22Jun2011 | Sheldon Richman | 3 comments | ContinuedAbout Those Oil Company Tax Breaks
You won’t catch me saying anything positive about any tax, but I reserve a special animus for a system that gives politicians the power to treat different productive activities differently.
13May2011 | Sheldon Richman | 12 comments | ContinuedBudget-Cutting Resistance
If libertarians are to expand the sphere of freedom while shrinking the sphere of force, they first need to be understood.
22Apr2011 | Sheldon Richman | 29 comments | ContinuedEarth to New York Times: Governments Are Broke
The problem, the Times says, is that government does not tax people enough, nor does it spend enough money.
9Mar2011 | William L. Anderson | 19 comments | ContinuedA Boost for the Managed Economy
All players in the game have revealed themselves to be interventionists.
17Dec2010 | Sheldon Richman | 29 comments | ContinuedThank You
Decades of government economic and social management have left the American people with a fiscal mess of elephantine proportions. Future generations face crushing debt and tax burdens (unless less they repudiate and rebel against them). The hole is so deep that any set of proposals to address the problems is instantly met with protest from [...]
12Nov2010 | Sheldon Richman | 3 comments | ContinuedDeficit Watch
FY 2010 ended September 30. Here’s the fiscal picture. As FY 2011 dawned on October 1, the national debt stood at $13.56 trillion. One year earlier it stood at $11.91 trillion. By a simple process of subtracting the 2009 debt from the 2010 debt, we get a difference of $1.65 trillion. That is the FY [...]
4Oct2010 | Sheldon Richman | 4 comments | ContinuedThe Idea Room with Professor Steven Horwitz
Update: The transcript of this session has been posted here. Today FEE and The FreemanOnline.org hosted an hour-long Idea Room live chat with Professor Steven Horwitz. In a lively discussion about contemporary economic problems, Professor Horwitz answered questions on inflation, government spending, budget deficits, the gold standard, and many other subjects. Click here to visit [...]
21Jul2010 | Tsvetelin M. Tsonevski | 25 comments | ContinuedThe Evil of Government Debt
In this day of trillion-dollar-plus federal deficits, Destutt de Tracy’s critique of government debt is especially relevant.
19Mar2010 | Sheldon Richman | 15 comments | ContinuedGoing Broke
Barack Obama says “no one ought to go broke when they get sick in the richest nation on Earth.” He also says “no one should go broke because they chose to go to college.” Question: Does “no one” include the government or society as a whole? I only ask because of the trillion-dollar deficits that [...]
6Feb2010 | Sheldon Richman | 6 comments | Continued-
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