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Market Oracle FREE Newsletter

Category: Government Spending

The analysis published under this category are as follows.

Politics

Monday, May 24, 2010

Congress Writes More Blank Checks for the Military Industrial Complex / Politics / Government Spending

By: Dr_Ron_Paul

Congress, with its insatiable appetite for spending, is set to pass yet another "supplemental" appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal government. These are akin to a family that consistently outspends its budget, and therefore needs to use a credit card to make it through the end of the month.

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Economics

Wednesday, April 28, 2010

How Much Is This Economic Recovery Going to Cost? / Economics / Government Spending

By: Justice_Litle

Best Financial Markets Analysis ArticleThe perception of stimulus-driven recovery that has so lifted the Federal Reserve’s reputation has not been purchased without cost… and that cost may prove too much for us to bear.

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Economics

Sunday, April 11, 2010

NHS Bankrupts Britain / Economics / Government Spending

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe government is set to spend an estimated £677 billion this financial year on the public sector (2009-10), that is currently running an ANNUAL £167 billion deficit, i.e. the government spends £167 billion a YEAR more than it earns in revenue which is contributing to towards igniting Britains inflationary debt spiral, that risks accelerating trend towards an hyper inflationary bust leaving savers with worthless paper and the economy in ruins, i.e. bankrupt.

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Politics

Tuesday, April 06, 2010

How Much Do You Really Pay for Social Security? / Politics / Government Spending

By: Casey_Research

Best Financial Markets Analysis ArticleVedran Vuk, Casey Research writes: Every generation scolds the next one down the line and blames society’s ills on the guy up at bat. Considering past policy decisions, this common perspective doesn’t make much sense. Just look at the Great Depression generation, both known for its great character as well as the worst policies of the century. Clearly, older generations did not always make the best decisions.

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Economics

Monday, March 29, 2010

It's Not the Debt, It's the Government Spending / Economics / Government Spending

By: Paul_L_Kasriel

Last Friday afternoon I listened to a senator get all worked up about the avalanche of federal debt that is about to roll over America. He is correct that there is an avalanche of debt on the way. But his concerns are misplaced. More precisely, his concerns were misplaced. To reiterate a popular rant of mine, it is not the deficit or debt that is the real economic cost of government, but rather it is the spending of the government. The government always gets its funds by taxing, by borrowing and/or by printing (if the central bank is willing). All three means of government funding are pernicious with respect to economic performance. So, it is not the government debt that we should be concerned with, but rather the government spending.

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Economics

Friday, March 26, 2010

Healthcare’s Double-Dip Recession / Economics / Government Spending

By: Andy_Sutton

Best Financial Markets Analysis ArticleOne of the most interesting terms to come out of the past two years is the ‘double dip recession’. This is Newspeak for depression as far as I am concerned, but it fits with the new nomenclature we have used in an attempt to paint a crisis as not really being one. After all, what fun is it to admit that we’re in a morass that we have no hope of getting out of, or even a cogent, sensible plan for exiting? It is much easier to conjure up new terms in an attempt to move the boundaries into more palatable territory. This week, in the wake of the biggest nation-killing bill to pass out of the halls of Congress to date, I’m going to tell you exactly why we are now guaranteed a second dip (to use the nomenclature du jour), and how this is going to hit small businesses, which are the backbone of the real economy.

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Politics

Wednesday, March 24, 2010

Government Healthcare Intervention, The Bigger Picture / Politics / Government Spending

By: Douglas_French

Best Financial Markets Analysis ArticleThe prospect and reality of Obamacare have woken up many people to the need to stop the socialization of medical care in America. It will produce here what it has produced everywhere: stagnation, overutilization, rationing, and the sacrifice of individual well-being in the name of collective justice.

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Economics

Monday, March 22, 2010

Krugman's Hoover History, Very Misleading Analysis of Deficit Spending / Economics / Government Spending

By: Robert_Murphy

Best Financial Markets Analysis ArticleAt his popular New York Times blog, Paul Krugman is at it again, offering a very misleading analysis of deficit spending. Without technically lying, Krugman perpetuates the myth that Herbert Hoover insisted on budget austerity in the midst of the Great Depression. Then Krugman interprets a chart with adjectives that show his eyes can only see what his Keynesian theory will allow.

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Politics

Saturday, March 20, 2010

Ponzi Economics, Ferris Geithner's Day Off / Politics / Government Spending

By: Gary_North

Best Financial Markets Analysis ArticleIn my previous report, "Why Should Your Children Pay for My Retirement?" I went through the logic and economics of Social Security and Medicare. I made the point that, at some point, the bill-payers are going to resist the payments that previous generations have legislated. What one generation can legislate, a subsequent generation can repeal.

The main political question is this: In which form will this repeal manifest itself?

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Politics

Wednesday, March 10, 2010

The Two Sides on the Debate Over Government Spending / Politics / Government Spending

By: Tim_Iacono

Best Financial Markets Analysis ArticleWe live in interesting times, times that are no doubt going to get much more interesting in the years ahead and, unfortunately, probably more violent.

The recent demonstrations on California college campuses following the Tea Party protests of last summer bring up the intriguing possibility that we could actually see protesters againstgovernment spending and for government spending face off against each other in the streets.

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Economics

Saturday, March 06, 2010

Too Much Hope and Audacity, Obama’s Budget is Worse than You Thought / Economics / Government Spending

By: Q1_Publishing

Best Financial Markets Analysis ArticleForget the current estimates, the deficits are going to be much, much worse.

Just a few days after Senator Jim Bunning was labeled a “lunatic” for trying to enforce the recently enact Pay-As-You-Go laws, the Congressional Budget Office (CBO) releasted its analysis of the Obama Administration’s federal budget proposal.

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Economics

Friday, March 05, 2010

We Need Bigger Budget Deficits Or We're Toast / Economics / Government Spending

By: Mike_Whitney

Best Financial Markets Analysis ArticleBarack Obama must choose between high unemployment or large fiscal deficits. It's one or the other. If he chooses to increase government spending and provide a second round of stimulus; unemployment will fall, the output gap will narrow, business confidence will strengthen, and the economy will continue on the path of recovery. If he refuses to provide more stimulus; unemployment will hover around 10 percent, credit will continue to contract, confidence will flag, and the economy will underperform for years to come.

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Politics

Wednesday, March 03, 2010

Politicians Hopelessly Bad at Economics / Politics / Government Spending

By: LewRockwell

Best Financial Markets Analysis ArticleWilt Alston writes: Nancy Pelosi claims that the new "healthcare" bill will "create 4 million jobs – 400,000 jobs almost immediately." The audacity and shamelessness of these lying politicians is something to behold. ~ Bill Anderson (on the LRC Blog)

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Politics

Tuesday, March 02, 2010

We Are Being Spent Into Oblivion  / Politics / Government Spending

By: Roy_F_Grieder

As we continue to ponder and debate, with way too much focus, on the mundane and inane, the perfect storm grows and rapidly approaches. It brings with it a financial tsunami and a societal train wreck. October 2008 was the outer wall of the storm, we have been living in the eye since then. Now the inner wall approaches: the global debt crisis.

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Politics

Monday, March 01, 2010

Bizarre Government Spending Habits / Politics / Government Spending

By: Dr_Ron_Paul

Last week I had the opportunity to bring up spending and transparency in two important hearings. On Wednesday I questioned Federal Reserve Chairman Ben Bernanke on some highly questionable uses of funds at the Federal Reserve, and on Thursday I asked Secretary of State Hillary Clinton about exorbitant spending at the State Department.

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Politics

Thursday, February 25, 2010

Cut Government Spending by Cutting Public Sector Pay / Politics / Government Spending

By: Money_Morning

Best Financial Markets Analysis ArticleMartin Hutchinson writes: It's fairly well known that the U.S. public sector is paid more than the private sector. What's less well known is that the gap between federal-employee pay and benefits and private-sector pay and benefits is increasing - by about 18% over the last decade.

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