Home / Welfare state

The Larger the Deficit, the Greater the Default

Written by Gary North on September 25, 2013

Americans are told the following from their youth. “What goes up must come down.” “You can’t get something for nothing.” “There are no free lunches.” “What goes around comes around.” “The bigger they are, the harder they fall.” This is Austrian School economic theory. When they are old enough to vote, they are told this. […]

Continue reading →

Shutdown: ObamaCare (No) and the Federal Government (No)

Written by Gary North on September 24, 2013

The House of Representatives is making a symbolic attempt to shut down ObamaCare. The members know that they cannot get this through the Senate. Obama would veto it even if they could. Why are they doing this? Because they can. They can let the voters back home know that they are taking a stand. They […]

Continue reading →

Obamacare Regulations Top 10,000 Pages So Far

Posted on September 11, 2013

This is just getting started. Since March 2010, when President Barack Obama signed the Patient Protection and Affordable Care Act (PPACA) and its companion Health Care and Education Reconciliation Act (HCERA), the administration has published in the Federal Register 109 final regulations governing how Obamacare will be implemented. . . . The Obama administration has […]

Continue reading →

Free Luches for All Students in Boston

Written by Gary North on September 4, 2013

The federal government has taken a chunk of taxpayers’ money and handed it over to Boston’s tax-funded schools. The money will be used to supply free lunches for all students. There will be no means-testing. Rich kids will get free meals. Why? So as to avoid the sense of shame in the hearts of poor […]

Continue reading →

Federal Loans for Electric Cars That Lose Money

Posted on August 29, 2013

The latest boondoggle: They’re at it again! The government wants to bring back a zombie. Originally created by Congress in 2007, the Advanced Technology Vehicle Manufacturing Program provided low-cost government loans that were subsidized, guaranteed, and then in part eaten, as we now know, by hapless and strung-out American taxpayers. Ford was the top beneficiary. […]

Continue reading →
Page 8 of 21« First...«67891011»20...Last »