by Jane Richey | Jul 31, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
What is wrong with the economy? Something is wrong when the GDP expands by only 1.5 percent a year as it did in the second quarter. The problem is that nobody knows. Everyone thinks they know, but F.A. Hayek long ago put that fatal conceit to rest, if only for...
by Jane Richey | Jun 21, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Washington’s fiscal failure is an exercise in overlooking the obvious. Entitlements are bankrupting the country, yet what’s currently facing the biggest budget ax is the area that has actually shrunk relative to the economy over the last 40 years: defense....
by Jane Richey | Mar 5, 2012 | Fiscal Responsibility, Politics
A small, bipartisan group of lawmakers in both the House and Senate are secretly drafting deficit grand bargain legislation that cuts entitlements and raises new revenue. The core House group of roughly 10 negotiators is derived from a larger Gang of 100 lawmakers led...