Tag Archives: entitlements

Work Just Isn’t Very Profitable Now Days

Zero Hedge made some interesting points about the nation’s economy and the welfare system. I won’t simply cut and paste the post he put effort in producing, so I’ll include some of his findings pulled from various agencies. I recommend … Continue reading

Posted in Economics | Tagged , , , , | 3 Comments

The Paul Ryan Democratic Pilgrimage

Naturally during a presidential elections season, whether it be the general or primary, if people are following, this is where their attention is usually directed. By and large, the smaller, less important details on daily congressional activities tend to take … Continue reading

Posted in American Politics, American Society, Current Events, Economics, Essays | Tagged , , , , , , , , | Leave a comment

Half of the Nation Pay Zero Taxes; Half of the Nation Receives Gov’t Benefits

Wall Street Journal  Nearly half, 48.5%, of the population lived in a household that received some type of government benefit in the first quarter of 2010, according to Census data. Those numbers have risen since the middle of the recession when 44.4% … Continue reading

Posted in American Politics | Tagged , , , , , , , | 1 Comment

President Obama’s steep-cuts in perspective.

John Hinderaker of Power Line is noticing that the press isn’t noticing, or reporting, that there are no steep cuts in the proposed Obama FY 12′ budget. Liberal press outlets are reporting, generally without criticism, the Obama administration’s claim that … Continue reading

Posted in American Politics, American Society, Current Events, Economics | Tagged , , , , , , , | Leave a comment

On deficit-neutrality and 'crowding out'

A pretty good illustration of deficit neutrality given by Greg Makiw, Harvard Professor of economics. Friend: I am going to take off a few days from work and fly down to Bermuda for a quick vacation. You: But isn’t that … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , | Leave a comment