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I am often vexed lately when reading what our government is doing. On the one hand, I find it hard to fault the intentions of those who wish to make our lives "easier." On the other hand, I want to throttle them for insulting my intelligence by proposing to do something for me that any reasonably...
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Did you know that 40 cents out of every dollar you pay to the federal government in taxes goes to one item in the budget? It's interest we pay on our national debt. That's 40 cents we can't use to improve our military, fund Medicare or Social Security, pay down the national debt, or return...
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There is a ticking bomb embedded in America's future that is hiding in plain sight. Everyone knows about it. Everyone acknowledges its potential to do enormous damage to our economy. Everyone is worried that, if not defused, it will destroy the dreams and aspirations of future generations of Americans...
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October 4 marked the 52nd anniversary of the launch of Sputnik, the first artificial satellite put into orbit. The event set off a panic in the United States with politicians and citizens alike believing that the Russians had a huge lead in the “space race” and that it left the US vulnerable...
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I’m sure the Obama economic team headed up by “Turbo Tax” Tim Geithner is wishing for those heady days of last spring when the world was their oyster and they were the pearl of Washington. The passage of the $787 billion stimulus bill seemed to be only the beginning of what the army...
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How big of a role should government play in our economy? On the surface, any good supporter of the free market would automatically say “little or none.” Unfortunately, that is not the case nor should government’s role necessarily be so limited. The fact is, without some regulation of...
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How bad an idea are employer mandates to require the purchase of health insurance for employees? From every angle, employer mandates would be disastrous. Hundreds of thousands of low wage employees would be thrown out of work. Wages would go down. Millions of employees would have their hours cut back...
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It seems incredible that the people in government who are charged with spending taxpayer monies wouldn’t learn the lessons from the past as far as the blowing up of the housing market. But that’s just the situation that is developing at the Federal Housing Administration. Hundreds of billions...
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The debate over health care reform has barely touched the 800 pound gorilla in the room; Medicare reform. This is not surprising because few politicians willingly slit their own throat by plunging into the thicket of issues and interests that have grown up around the Medicare program. The bottom line...
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As our economy limps along, struggling to lift itself out of a very bad recession, lawmakers are looking for ways to hasten the process of recovery along, and assure that any upturn in the economy will not be followed by the dreaded “double dip” back into recession. That event is now a definite...