Tag: "budget"

Are Millennials Ready for Social Security Reform?

Government is very good at crowding out private sector activities.  When government borrows, it can cause interest rates to rise and crowd out more productive private sector borrowing.  When government expands welfare programs to help the hungry and homeless, the effect is the crowding out of individual giving to more efficient private-sector programs.  And decades [...]

May 17, 2013 | 12 comments | by

The United States of Cyprus: Will American Retirement Accounts be Raided?

As I skimmed through a copy of the president’s 2014 budget, which by the way, is chock full of fluffy spending at the expense of the taxpayer, I caught site of an interesting proposal regarding retirement accounts.   Let me back up a bit and rephrase myself — I caught sight of a “hair-brained scheme” that [...]

Apr 10, 2013 | 10 comments | by

Scaring Seniors, Revisited

Rep. Paul Ryan (R-Wis.) released his proposed 2013 budget yesterday and before the ink was dry, the left was attacking buy viagra online it like vultures on a carcass. Ryan was being portrayed as the bogeyman of seniors’ concerns about Medicare. As part of his effort to control an out-of-control bureaucracy, his plan includes: Increasing [...]

Mar 21, 2012 | 2 comments | by

A "Blame the Wealthy" Budget Speech

According to President Obama, the Bush tax cuts, in particular the ones that went to the the wealthiest 2 percent of taxpayers, are to blame for the budget mess that we're in.  This statement comes as no surprise; in 2009, President Obama threatened to raise taxes on the wealthiest 2 percent by allowing their lower tax [...]

Apr 14, 2011 | 10 comments | by