Carter left the Treasury dry with his inflation and spending, it’s impossible to add Carter’s bad revenues to Reagan and legitimately conclude that Reagan had bad revenues. You have to look at revenue growth relative to Presidents as they change their policies. Let’s consider relevant, hard facts. . .
Texas tried to do the only sane thing a state could do in the face of the TSA: Ban them. And what happened? A bunch of Feds showed up — probably dressed like mobsters — and threatened to cancel all flights to Texas if the bill passed. What a heart warming story. I wonder if […]
In June and July “economists” and the Fed told everyone to watch out because of a “deflation risk.” Then suddenly, before you could say “Ben Bernanke” everyone is worried about the Fed and their warning of coming inflation. “[I]nflation surely remains a more serious danger than deflation.” Said George Melloan with the Wall Street Journal. […]
The era of procrastination, of half-measures, of soothing and baffling expedients, of delays is coming to its close. In its place we are entering a period of consequences.” -Winston Churchill While this quotes context pertained to the days shadowing WWII, it still applies to the U.S.’s unsupportable spending and racking debt. A period of consequences […]