Posts Tagged ‘deficit’

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    A Budget Cut Mirage

    Feb 12, 11 • 344 Views • No Comments

    Reacting to concern about the federal deficit, the Republican leadership seems to be targeting $100 billion in discretionary spending cuts. Similarly, for his fiscal 2012 budget, President Obama recommends a 5-year freeze on non-security discretionary......  [read more]

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    How Much Should Grandma Pay?

    Jan 14, 11 • 321 Views • No Comments

    When your Grandma gets her yearly physical, the doctor gets a check from the government. Did you ever wonder, though, who decides how much? Because she had to sign up for Medicare at 65, the market did not decide the price and neither did her doctor. Instead,......  [read more]

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    Raising the Ceiling

    Jan 7, 11 • 315 Views • No Comments

    Calvin Coolidge once said, “Nothing is easier than spending the public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.” The national debt did decrease when Coolidge was President. But then......  [read more]

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    Growth Stories

    Nov 20, 10 • 403 Views • 1 Comment

    Height is about more than how tall you are. When affluence grows, so too do people. Why? Height seems to correspond to economic growth.  Connecting height and economic growth, a wonderful New Yorker article from 2004 tells us that Americans grew taller......  [read more]

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    Deficit Denial

    Nov 16, 10 • 358 Views • No Comments

    According to 96% of the participants in a CBS News poll on the deficit, “We really don’t care.” Jobs were #1 and health care #2 with the deficit far behind. According to Washington Post reporter Ezra Klein, that is why “the......  [read more]