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The 1960s saw the greatest social upheaval and political change in our nation’s history. Great advances in civil rights fought for headline space with the Vietnam War and multiple assassinations. Many American cities experienced the most violent rioting on record. In the midst of all the chaos, the economy produced gains that astonished even the [...]
Posted by Jerry Pomeroy as Campaign 2008, Limiting Government at 6:39 PM UTC
To round out our week-long discussion of limited government, bureaucratic waste and the like, I think a nice dose of egregious examples of public sector boondoggling is in order. So, in no particular order and always adjusted for inflation, here are all too typical instances of your tax dollars at work:
“Under ‘urban renewal’ policies [a favorite in the [...]
Posted by Jerry Pomeroy as Budgets, Economics, Government Waste, Limiting Government, Politics at 11:40 AM UTC
American governments collect and spend too much money. Each year, billions of dollars are wasted through fraud, duplicative and/or obsolete programs, and mismanagement. In the 1980s, the Grace Commission calculated that one-third of Federal expenditures should be characterized as waste. If that ratio holds today, the Federal government this year will round-file more than $1 trillion, an outrage of mythic [...]
Posted by Jerry Pomeroy as Budgets, Economics, Limiting Government, Politics, Video at 3:42 PM UTC
Every time free-market capitalism is given a chance to operate, the result is hailed as an “economic miracle.” Not to get picky, but there is nothing miraculous about capitalism producing wealth and spreading prosperity. Miracles by definition occur because of the suspension of natural law. Water becomes wine, food multiplies, and the dead are raised because [...]
Posted by Jerry Pomeroy as Budgets, Economics, Limiting Government, Politics, Video at 4:40 PM UTC
“Government spending should be significantly reduced. It has grown far too quickly in recent years, and most of the new spending is for purposes other than homeland security and national defense. Combined with rising entitlement costs associated with the looming retirement of the baby-boom generation, America is heading in the wrong direction. To avoid [...]
Posted by Jerry Pomeroy as Budgets, Economics, Limiting Government, Politics, Video at 3:12 PM UTC
Our founding fathers shared a profound aversion to what we would today call big government. In the 18th century and before, big government meant something very close to autocratic rule, the consolidation of power in the hands of the few and privileged. Most colonialists emigrated to the New World precisely to escape the smothering political, social, religious and [...]
Posted by Jerry Pomeroy as Budgets, Economics, Limiting Government, Politics, Video at 5:13 PM UTC