Wall Street Journal: What Austerity?

Wednesday’s Wall Street Jouranl contained an editorial piece titled “What Austerity?” The very pointed piece starts like this:   With the recovery sputtering, the White House and its allies have been blaming government spending cuts, or what the neo-Keynesians call “fiscal contraction.” This is a dubious economic theory even if spending were being cut, but…

Matheson tries to scare seniors into voting for him

Matheson tries to scare seniors into voting for him

Congressman Jim Matheson claims to be a fiscal conservative. He assures voters they can count on him to rein in government spending but when his conservative GOP opponent Morgan Philpot talks about true reform, Matheson turns it into an attack ad. In August, Philpot talked about a plan to keep this country from plunging off…

Obamacare+Medicaid=crisis

Obamacare+Medicaid=crisis

When Nancy Pelosi was pitching Obamacare, she told the American people that they would have to pass the bill to find out what’s in it. Well, a few months later, what we have learned a few things.  One is that organizations – like McDonald’s – are asking for waivers for rules that don’t even exist….

Jim Matheson, king of spin

Jim Matheson, king of spin

If you can’t run on your record of voting for the stimulus, for Cash for Clunkers, and for Nancy Pelosi, then by golly, spin, spin, spin. Congressman Jim Matheson is deflecting and twisting when he tells Utah Policy Daily that his GOP opponent, Morgan Philpot “is saying things that are just not true – like…

Poor hurt the most by expiration of Bush tax cuts

Poor hurt the most by expiration of Bush tax cuts

On Jan 1st, the Bush tax cuts are set to expire. The child tax credit will be cut in half, the standard deductions and income credits decrease and the 10 percent tax bracket – aimed at non-wealthy taxpayers – goes away. While wealthier taxpayers pay more in taxes and stand to lose more in total…

Taxes, taxes and more taxes

(Clever little Internet ditty) Tax his land, Tax his bed, Tax the table, At which he’s fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties,…

Matheson=Pelosi lap dog

Matheson=Pelosi lap dog

This weekend, the Wall Street Journal published an article titled “The Lap Dog Coalition” about the self-described fiscal conservatives from the D side of the aisle. “The Blue Dog Coalition isn’t a vehicle to help conservative Democrats influence policy,” the article states. “It is a marketing brand to help vulnerable Democrats deceive voters.” In the…

David Walker and financial boondoggles

David Walker and financial boondoggles

David Walker, former Comptroller General of the United states, was in town recently to talk at Senator Orrin Hatch’s “Economic Summit”. Walker served as Comptroller General and head of the Government Accountability Office (GAO) from 1998 to 2008. Appointed by President Bill Clinton, his tenure as the federal government’s chief auditor spanned both Democratic and…