entitlements

We Have Met the Enemy

October 12, 2014

“We have met the enemy and he is us.” Pogo cartoon, 1971 Federal government spending is unsustainable. By 2025 entitlement programs plus interest on the national debt will consume all Federal revenue. The national debt will be six times GDP by 2080. By the end of the century Federal spending will take 80% of GDP. […]

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Romney’s 47%

April 19, 2013

During the 2012 Presidential campaign a video came out showing Romney speaking to a private group about the 47% who receive government benefits and who would therefore vote for Obama. He was roundly criticized for this and he later apologized. He was both right and wrong. The percentage of people who receive a substantial portion

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