Amid all the talk of the approaching fiscal cliff in Washington, most of the focus coming from pundits is focused on who will (or should) receive the blame. But when discussing the ... Keep Reading
government spending
N&O Says: Subjects Are Dependent Upon Their Rulers for Their Well-Being
The N&O writes another yawner about the state budget, warning - you guessed it - against the state government not spending enough of your money. Here's the opening ... Keep Reading
The NC Medicaid Fraud Debacle Costs Taxpayers Millions
We all know that millions of dollars are wasted in state government every year (don’t get me started on waste at the federal level). This is a frustrating fact mainly because it is ... Keep Reading
Real Federal Deficit Nearly Equal to Median Household Income
USA Today has this jarring analysis of the federal deficit: The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the ... Keep Reading
It’s the Spending, Stupid
In this new video (just under 3 minutes in length) made by the Learn Liberty project of the Institute for Humane Studies, economist Antony Davies breaks down the national debt and ... Keep Reading
The Faulty Notion of Equating Taxes and Unemployment Benefits
This AP article discusses some tax cuts and government benefit programs that may be coming to an end - see if you detect the economic fallacy: A tax cut that reaches 160 million ... Keep Reading
N&O Thoughtlessly Parrots Myths, Lies
News & Observer editors have clearly stopped trying. Today they churn out yet another thoughtless propaganda piece chock full of myths and downright mindless assertions. For ... Keep Reading
DC Addicts Get Another Fix
Like the addicts they are, the federal government didn't waste any time getting another fix of deficit spending. U.S. debt shot up $239 billion on Tuesday — the largest one-day ... Keep Reading
N&O Editors Offer Life Changing, Lousy Opinions
The N&O, predictably, is still lamenting the "life changing, lousy consequences" that will result from the recently-passed state budget that only expands the state budget by - ... Keep Reading
Ideology vs. Reality
Today's N&O features an article from the Washington Post Writers Group that is filled with ignorance and fallacies. The article attempts to discredit House Speaker John ... Keep Reading