Professor Steve Hanke and Stephen J.K. Walters, recently co-authored an article for National Review/Capital Matters titled “The American Voter’s Flight to Freedom.” The article discusses how liberal policies are causing citizens in many blue states to migrate to more economically and politically favorable areas. The authors raise the question of whether politicians are paying attention…
Cincinnati.com/The Enquirer published an op-ed written by contributor Dan Regenold titled, “It Will Take a Transformational Leader to Keep U.S. from Becoming Greece.” Mr. Regenold suggests, “One of the key health measurements of world economies is something called debt-to-GDP ratio. Gross Domestic Product is the sum-total of all the goods in the USA in a…
If you have watched The Wizard of Oz, you undoubtedly recall the scene when Toto pulls on the curtain, and the Wizard is exposed. The Wizard tells Dorothy and the group, “Pay no attention to that man behind the curtain.” Despite The US Debt Clock showing the amount owed per taxpayer at $259,103 and still…
In an op-ed published by the Wall Street Journal, Patrick M. McSweeney, reminds us that “Congress simply can’t help itself when it appropriates funds. In “Repeal the 1974 Budget Law That Fuels the Shutdown Cycle” (op-ed, Oct. 12), Wisconsin’s Sen. Ron Johnson and Rep. Mike Gallagher remind me of the kid who falls off his…
The CATO Institute published the following essay detailing how the states are doing a better job of managing tax revenues. Is the federal government’s debt too large? Federal debt held by the public of $26 trillion amounts to almost $200,000 for every household in the nation. At 98 percent and rising, federal debt as a percentage of…
Last May, David Walker, former Comptroller General and a Federal Fiscal Sustainability Foundation, Inc. Board of Directors member, wrote an op-ed titled “A New Plan to Save America’s Fiscal Future.” The op-ed mentioned David’s previous positions, including being a partner with Arthur Anderson and serving as a distinguished visiting professor at the U.S. Naval Academy,…
According to Bing AI, “The moral of the story “The Emperor’s New Clothes” is that people should not be afraid to speak the truth, even if it goes against popular opinion or authority. In the story, everyone pretends to see and admire the emperor’s new clothes because they fear being seen as foolish or going…
Congress is bracing itself for another debt-ceiling debate. It’s difficult not to view it as another “kicking the can down the road” exercise. And, as we all know, there are times when the road ends. What do you do then? Federal Fiscal Sustainability Foundation Board Member and Professor Emeritus of Economics at the University of…
If our nation’s leaders were truly concerned about “We the People,” there would be more reaching “across the aisle.” All we see are partisan attacks and in-fighting. It’s time to find some common ground. There have been at least two Master Classes featuring opposing political icons who successfully found some common ground – Karl Rove…
Today, the Cato Institute published an op-ed by Romina Boccia, Director of Budget and Entitlement Policy, entitled Bankruptcy–Gradually, Then Suddenly. Ms. Boccia believes “U.S. government spending is on a collision course with economic disaster. Legislators need not lift another finger to increase spending any further. The U.S. federal budget is on a Titanic‐esque voyage that…