I didn’t vote for Barack Obama. But like a lot of Americans, I was hopeful about his presidency.
In New Hampshire on November 21, Newt Gingrich, who has just been endorsed by the Manchester Union Leader, unveiled sweeping entitlement reform proposals, discussed in a comprehensive, extensive campaign position paper now available at Newt.org. Those proposals reflect closely my own work over many years, discussed in detail in my recent book, America's Ticking Bankruptcy Bomb.
Republicans who accept a tax hike to get entitlement cuts will wind up with bad policy that crowds out needed reforms.
Here’s what you need to know: America’s fiscal crisis is actually a spending crisis, and that spending crisis is driven by entitlements.
What should be done about income inequality? That basic question underlies the arguments hashed out in the supercommittee and promises to be a central issue in the presidential campaign.
"Alice in Wonderland" was written by a professor who also wrote a book on symbolic logic. So it is not surprising that Alice encountered not only strange behavior in Wonderland, but also strange and illogical reasoning -- of a sort too often found in the real world, and which a logician would be very much aware of.
THE TREASURY DEPARTMENT reported last week that the national debt had surpassed $15 trillion, clocking in at precisely $15,033,607,255,920.32 as of the close of business Tuesday.
Greg Gutfeld's daily monologue dedicated to the #OWS protests and their national 'day of action' that took place November 17th.
Sen. Pat Toomey, the GOP's fiercest anti-tax ?warrior, stunned the supercommittee when he proposed raising taxes to ?break the impasse over cutting the government's monster debt.?
It has become all too easy today to receive government assistance. Half of all babies born in the U.S. today receive food assistance, and half of all children live in a home that will use food assistance at some point during their childhood.
Cutting $1.5 trillion from the federal budget, supposedly the goal of the Super Committee, sounds daunting. When you put those numbers into the context of the total federal budget and our exploding national debt, however, you realize it shouldn't be so hard. The Committee's real challenge—and it's a doozy—is a political system that discourages common sense.
Beware: content, not soundbites.
Many – including the Occupy Wall Street (OWS) crowd – have expressed outrage over Bank of America’s recent attempt to charge customers a $5 monthly fee to use their debit card. These people deplored the move and used it as another symbol of greedy Wall Street “Robber Barons” sticking it to the little guy.
The Occupy Wall Street movement, and its host of copycat imitators around the country have garnered much attention recently. They have been largely lauded by the mainstream media, who have explained that the occupiers are idealistic youth guided by altruism and concern for the downtrodden.
The mirror into modern-day America created by the "occupiers" who have taken to the streets reveals painful images and insights for those committed to traditional American values. Even without a clear, core message, most Americans can identify with the anger at those who have contributed to our broken economy. But many tax-paying Americans are equally fed up with the stream of complaints from the self-obsessed protestors who want their debts forgiven and the "rich" to pay for their "free" education.
Like every program designed by Obama, he reckoned we'd all get caught in the snare of government spending and have no choice but to continue it. Even liberals saw this coming, but did nothing about it and states now have been left cleaning up another liberal mess.
A new consensus is emerging among Republicans for fundamental entitlement reform providing for modern, 21st century social safety nets. The new, reformed programs would actually achieve all of the social welfare goals of the current programs far more effectively, ultimately serving seniors and the poor far better.
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