The budget is an out of control beast, but this isn’t the first time elevated spending combined with massive inflation to threaten the economy. The Constitution gives the President the tools today as it did in the 1920s. All that’s missing is the will to do it the Coolidge way, cutting everywhere you can and… Continue reading Taming the budget the Calvin Coolidge way
Tag: deficit
Debt ceiling winners, losers, and random thoughts on our fiscal future
No one should be under the illusion the debt ceiling deal does anything except increase spending. Even if Congress follows the terms of the bill, spending will continue to grow every year and total debt will continue to increase with no viable prospect to achieve anything near a balanced budget. Last week, the Great Debt… Continue reading Debt ceiling winners, losers, and random thoughts on our fiscal future
Biden’s budget is why the debt ceiling exists in the first place
The debt ceiling debate takes a strange turn after President Biden demands something of a duel among budgets without realizing that his own $6.9 trillion monstrosity, which would more than double the entire budget of just six years ago, is why the debt ceiling exists in the first place. Earlier this week, the Republican Speaker… Continue reading Biden’s budget is why the debt ceiling exists in the first place
Debt ceiling: Get ready five months of nonsensical bloviating over our insane finances
The names of the politicians in Washington change, but the debt and the debt ceiling keep on increasing at an almost exponential rate, over a monstrous $30 trillion. Some, however, continue to insist that raising the debt ceiling is just a routine vote that should be accomplished without question, while others claim the idea of… Continue reading Debt ceiling: Get ready five months of nonsensical bloviating over our insane finances
Defining good governance in the modern era beyond spending money
There is no doubt that the size and scope of government has changed since the Founding, but a more expansive government requires even more transparency, oversight, and accountability in order to function properly. A return to regular order is just the beginning of reforms to ensure the elusive good governance. Last week, much ink was… Continue reading Defining good governance in the modern era beyond spending money
Biden’s victory lap on the economy is about as convincing as his victory lap on coronavirus
Second quarter GDP numbers miss projections by as much as 30%, but Biden claims he’s getting America back on track. Meanwhile, back in the real world a challenging job market, epic inflation, and the end of a moratorium on evictions might be taking the bloom off this rose before it’s even picked. Last week, President… Continue reading Biden’s victory lap on the economy is about as convincing as his victory lap on coronavirus
Biden hopes his bloated budget passes without notice
Not surprising, when he plans to spend enough per household to buy every family in the country a new BMW every year, and accrue enough debt for a new Ferrari after 10 years. What’s not to like about doubling the size of the government from just before the pandemic? It’s historic and just what the… Continue reading Biden hopes his bloated budget passes without notice






