by Jane Richey | Feb 7, 2013 | Fiscal Responsibility
President Barack Obama has presided over the weakest multi-year economic recovery since the end of World War II, according to data from the Bureau of Economic Analysis (BEA). Since the end of the last recession in June 2009, the economy has grown only 7.5...
by Jane Richey | Dec 13, 2012 | Fiscal Responsibility, Politics
The Committee for a Responsible Budget, a bipartisan, non-profit organization, looked at both the proposals offered by President Barack Obama and the House Republican leadership, and found little difference in their results to lower the share of debt to GDP. Obama’s...
by Jane Richey | Dec 1, 2012 | Fiscal Responsibility, Politics
The real problem is that the “government spending” component of the GDP exceeds government revenues by about a trillion dollars. That’s every year. This means that our GDP is artificially inflated by about one trillion dollars. Make any cuts, which we need to do,...
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 | Jul 25, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
UPS has delivered a stark warning to the White House and Congress that U.S. economic growth will fall to an anemic annual rate of 1 percent by Election Day. The company’s leaders on Tuesday said U.S. businesses are in danger of going over the fiscal cliff because of...
