Daily Archives: December 5, 2012

More Spending, More Debt, More Taxes

If Congress allows current laws signed by President Barack Obama to stand and follows the fiscal path they have set for the next decade, federal tax revenues will rise to a record level as a percentage GDP, according to the … Continue reading

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Bargaining and It Limits

For the Democrats, the policy imperative now is the consolidation and defense of the liberal welfare state, and especially its defense from the consequences of its own fiscal collapse. With Obamacare enacted, they are basically done building. They might dream … Continue reading

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Ronald Reagan’s 1961 Prediction

Ronald Reagan, who was then a movie actor, delivered one of the greatest and most prophetic speeches of the 20th century, when he appeared before the Orange County Press Club on July 28, 1961. Vital Speeches of the Day later … Continue reading

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