The main problem with the sequester is that it is too small, and doesn’t scale back government spending enough.
The Golden State is broke. So why is it spending $100 billion on an unnecessary high-speed rail system?
The Fed hopes to buy more long-term bonds, print new money and then borrow the money back so it doesn’t cause inflation.
The economy is still weak, but President Obama is intent on hiking taxes anyways.
The economic historian seems to have forgotten economic history.
Government figures show that consumer demand is higher than it was in mid-2007, before the recession.
The president keeps putting forward the same failed policies and expecting them to work.
By now, the failure of Obama, FDR and others ought to make clear that runaway government spending is quack medicine.
If increased government spending were a sure-fire path to prosperity, West Virginia would be rich. Tellingly, it isn’t.