New from the Free Market Project
The Nuclear Option
Econ 101: What Happens When We Subsidize
Ironic Media Position Follows Bush’s Declaration of Oil ‘Addiction’
The Good, the Bad & the Ugly
Also from FMP:
Research, News & Commentary
Commentary: Free Market Project adviser and National Taxpayers Union President John Berthoud calculates that if federal spending had been held to 4-percent growth since President Bush took office instead of the 49-percent jump in spending since 2001, the White House would instead be projecting a surplus of $58 billion rather than $354 billion in red ink.
Commentary: American Enterprise Institute’s Veronique de Rugy sums up why massive government budgets are a problem. “Every time government spends money, it is diverting resources from productive use,” de Rugy writes, adding that it doesn’t matter whether the money is borrowed or levied from taxes. “The White House,” she argues, “should be focusing on reducing the size of government, not just the part financed by borrowing.”
Analysis: George Pieler of the Institute for Policy Innovation assesses a tax threat that’s literally right in front of you as you read this on your computer screen: local, state, and federal politicians, as well as international bureaucrats, lining up to tax the Internet.
Commentary: Drawing a lesson from the failure of Delphi’s pension plan, Chris Schrimpf of Students for Saving Social Security argues that Social Security is a national pension disaster waiting to happen. Not only is the program “badly under-funded because of demographic trends,” it’s doomed to fail for lack of diversification. “We all must buy the ‘company stock,’ government bonds, which Congress then spends, and we don't allow the workers to diversify their retirement portfolio,” Schrimpf writes.
Commentary: If President Bush asks you to join a commission on Medicare or Social Security, AEI’s Kevin Hassett has two words: “no, thanks.” Calling the State of the Union plan for a Social Security reform commission a sign of weakness, Hassett details the dashed hopes of conservatives following the president’s other commissions on Social Security and tax reform.
Tell us about events coming up in your area!
European Dawn: After the Social Model
Progressives Rewrote the Constitution
Biodiesel Management: How to purchase, handle, hedge and manage your
The Role of Government in a Free Society:
An Evening with Walter Williams
Please send The Balance Sheet to others!
You are subscribed to %%list.name%% as %%emailaddr%%.