Category Archive: Government’s reckless spending

Jul 04

Socialist California has gone from the 5th largest economy in the world to the 7th

Forget the overuse of the terms “liberal” and “democratic.” A more accurate description is pro-government. California’s “leaders” have driven its policies in an extreme pro-government direction for 30 years. One-third of the nation’s welfare recipients are in California, which has only one-eighth of U.S. population. See here. “What Happens When Democrats Run Your State?” California …

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May 05

Ten years ago, CBO estimated that Congress would run a $151 billion surplus in 2017. Instead, they ran a $665 billion deficit.

Ten years ago, The Congressional Budget Office (CBO) estimated that Congress would run a $151 billion surplus in 2017. Instead, the U.S. ran a $665 billion deficit. Now the CBO projects $12.4 trillion in additional debt over the next decade. This represents a more than 50 percent increase to the current national debt, which has …

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Sep 19

Californians ready to flee socialism

In 1978, courageous Californians circulated and passed a forward-thinking ballot initiative known as Proposition 13. Under Proposition 13, the annual real estate tax on a parcel of property is limited to 1% of its assessed value. In the years that followed, real estate became something of a tax shelter even as the vampire-like California legislature …

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Jul 22

Tesla: the Lobbying Firm Masquerading as a Car Maker

Governments worldwide propose “energy policies,”–subsidizing some energy firms while taxing and overregulating others. Picking winners and loses by obstructing free markets. For decades, U.S. lawmakers have been subsidizing “alternative energy” schemes that would never work without government support. “The first justification was that internal combustion engines polluted too much. But emissions steadily declined, and today’s …

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Jun 15

Illinois government nears bankruptcy, halts almost all payments for road construction

THE STATE NOW SPENDS MORE ON ITS UNIVERSITY PENSIONS THAN IT DOES ON ITS UNIVERSITIES Socialism is a curse that should be wished only on a hated enemy. A generation ago, Illinois was known for farm and manufacturing production, and was one of the wealthiest areas of the United States. But years of political domination …

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May 04

Billings Gazette features fake photos of Greek “austerity”

The Billings Gazette delivers a steady stream of pro-government content. Today, May 4, 2017, the Gazette featured a typical smattering of pro-government news commentary, local business stories and feature stories. But at the bottom of the Gazette’s webpage there appeared a photo feature entitled: “Here’s what seven years of Greek austerity looks like.” See here. …

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May 02

Americans elect Republicans to cut government, and get . . . more government

Vast majorities of American voters have spoken. They want smaller, less intrusive government. For years, Americans have elected “conservative” Republicans who promise to cut government. Now, finally, Republicans control BOTH chambers of Congress, the presidency, the Supreme Court, the majority of state legislatures and the majority of state governorships. But the most recent budget agreement …

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Apr 03

D.C. Daycare Operators Now Required to Have College Degrees

The District of Columbia has decreed that the directors of any licensed “Child Development Centers” — or day care — must have a “Bachelor of Arts (BA) in early childhood education or a BA with at least 15 semester credit hours in early childhood by Dec. 2022.” The regs also mandate that “teachers” possess at …

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Mar 25

Obamacare stands! Republicans again betray the American people

For years, the American people have been voting for Republican politicians upon promises that those politicians would start cutting government. When Republicans occupy one chamber of Congress, they justify their failure to cut government on grounds that Democrats control the OTHER branch. When Republicans control both the House and the Senate, Republicans say they can’t …

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Mar 07

Electric car sales in China collapse after government subsidies cease

Government-trusters everywhere seek to centrally plan the energy industry. Just as in the U.S., the government of China has been promoting “alternative energy” schemes for years. In the U.S, government-loving shysters like Elon Musk have bilked taxpayers out of at least $450 million while promoting electric-car pipe dreams. Similarly, in China the government has been …

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