All Posts Tagged With: "national debt"
One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe
In his latest work, One Nation Under Debt, Robert E. Wright, who has written extensively about debt and finance during the decades that marked America’s climb to economic preeminence, carefully documents the evolution of U.S. dependability and integrity in the international investment community. This reputation led to the acceptability of U.S. financial markets and government [...]
19Aug2009 | David L. Littmann | 1 comment | ContinuedThe Fatal Conceit
The politicians are confident that they can wisely spend trillions of your dollars. The arrogance of the political class is stunning.
17Jun2009 | John Stossel | 9 comments | ContinuedDeficit Spending and Future Generations: Not What You Might Think
Ultimately, the real choice is not between deficit-financed and tax-financed spending. The moral question is whether we should have more spending and bigger government with less liberty or less spending with a smaller government and more liberty. The hand-wringing on the left and right about passing the cost of “stimulating” our economy onto future generations is misplaced. No matter how it’s financed, Obama’s new spending has the potential to stimulate only one thing: the size, scope, and power of government.
21May2009 | Roy Cordato | 3 comments | Continued
Andrew Mellon: The Entrepreneur as Politician
Rarely do spectacular entrepreneurs leave their realm of business for the political arena. One exception is Andrew Mellon, the third-wealthiest American of his era, who left a dazzling career in American industry to become secretary of treasury under Presidents Warren Harding, Calvin Coolidge, and Herbert Hoover.
Mellon established his career in Pittsburgh as a successful banker—always [...]
Our Presidents and the National Debt
Burton Folsom, Jr. is the Charles Kline Professor in History and Management at Hillsdale College. His book The Myth of the Robber Barons is in its fourth edition.
During the last 75 years the United States has failed to balance its annual budget over 90 percent of the time. What’s worse, the government has spent money so [...]
Blessed Debt
Sheldon Richman is editor of Ideas on Liberty.
Should we cut taxes or pay off the national debt?
What’s missing from this picture?
Aside from the fact that paying off the debt need not be a priority (there is no connection between the debt and economic growth), the question is a classic case of the Fallacy of the [...]
Cut Taxes, Not the Debt
Last fall’s standoff over the budget between the Republican Congress and Democratic President generated a curious by-product: more money to reduce the national debt. Some analysts want to devote future surpluses to the same purpose, perhaps eventually paying off the entire $5.6 trillion national debt.
1Apr2000 | Doug Bandow | 0 comments | Continued-
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
