Posted in 20/20 bailouts coronavirus Donald Trump Economics federal spending government unions lockdowns Nancy Pelosi public-sector unions shutdowns stimulus unemployment

No, Shutting Down Another Stimulus Won’t Cost Trump The Election

What makes Trump look worse before the election: trying to get a deal with no success, or pointing out that the other side doesn’t want…

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Posted in bailouts earnings Economics Entitlements federal budget federal debt federal spending finances government debt Government Spending money Quantitative Easing redistribution stimulus Wealth

Your Future Earnings Are Quickly Becoming Other People’s Money

Every stimulus grabs control from shoppers and hands control to government people. You will pay again later by getting less for the lower-value dollars as…

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Posted in Chuck Schumer Congress coronavirus Coronavirus relief bill Democrats federal spending HEROES Act Nancy Pelosi New York Senate tax cut Taxes

In Coronavirus Spending Bill, Democrats Push Massive Tax Cut For The Rich

The Democrat proposal would give an average tax cut of $33,000 to the top 1 percent of income earners, says a Brookings Institution estimate.

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Posted in bailouts California Coronabailout coronavirus Covid-19 Economics Economy federal spending Gavin Newsom Government Spending spending state spending Taxes U.S. economy

No, Congress Shouldn’t Add A State Bailout To Americans’ Coronavirus Tab

Lean, effective government, lower taxes, and pro-growth regulations will revive the U.S. economy far better than bailouts for mismanaged states.

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Posted in Blue States Entitlements federal spending Health Care health policy health welfare Medicaid New York

How Medicaid Bails Out Blue States And Weakens Their Health Care Systems

The budget crisis in New York that preceded the pandemic stems in large part from Washington’s overly generous match for wealthy states.

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Posted in bailouts demand Economics Economy federal spending Government Spending Keynesian Keynesian economics National Debt stimulus

Why Economic ‘Stimulus’ Only Makes The Economy Worse

While it remains a favorite policy prescription for politicians eager to appear as salvific heroes in times of need, it is untenable as a serious…

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Posted in bailouts Budget coronavirus Covid-19 Economics Economy Families First Coronavirus Response Act federal spending Great Depression paid leave pandemics recession recessions stimulus Welfare welfare state

Why Congress’s Trillion-Dollar Coronavirus Bailouts Will Shackle The U.S. Economy

Like the New Deal, every additional billion dollars in stimulus and bailout spending will further delay the economic recovery we all want and need.

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Posted in bailouts Budget coronavirus Covid-19 federal spending panic stimulus

Slapdash Coronavirus ‘Stimulus’ An Unpaid Boondoggle That Already Needs Fixing

The leaders of both parties made getting Congress out of town a bigger priority than giving lawmakers the time to do their due diligence.

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Posted in bailouts Barack Obama deficit spending Economics Economy federal spending federal stimulus Government Spending Paul Krugman Recovery Act stimulus package The American Recovery and Reinvestment Act Twitter

No, President Obama, You Don’t Deserve The Credit For Trump’s Awesome Economy

Federal spending cannot and will not stimulate the economy. That is one thing from the Recovery Act you can take to the bank.

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Posted in Affordable Care Act Budget Budget Deal Cadillac Tax federal budget federal spending health costs health insurance Obamacare Taxes

The ‘Cadillac Tax’ Repeal Will Sock Taxpayers With Debt And Increase Health Costs

The current definition of a bipartisan ‘deal’ occurs when both sides get what they want—at the expense of taxpayers, or more specifically future generations.

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Posted in 20/20 Budget Democrats Entitlements federal budget federal spending Health Care health entitlements health welfare long-term care Medicaid Obamacare Pete Buttigieg presidential candidates Social Security

‘Ponzi Pete’ Buttigieg Proposes Even More Unsustainable Federal Entitlements

Buttigieg recently released an aging and retirement plan that proposed massive amounts of new entitlement spending, when we can’t afford current programs.

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Posted in cost sharing federal spending Health Care Health Care costs health costs health policy health spending rationing Single-Payer Single-Payer Health Care socialism socialized medicine

If You Think Health Care Is Expensive Now, Just Wait Until It’s ‘Free’

Researchers estimated eliminating patient cost-sharing from a single-payer system would raise total health care spending by nearly $1 trillion per year.

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Posted in Budget Congress Congressional Budget Office debt deficit Entitlements federal budget federal debt Federal Reserve federal spending Green New Deal Jerome Powell Medicare for all

Federal Reserve Chair: Our Massive Federal Budget Deficits Are Unsustainable

Jerome Powell, the chairman of the Federal Reserve, issued an ominous warning to lawmakers Wednesday that the federal budget is on ‘an unsustainable path.’

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