President Obama and his administration have revealed their strategy on how to win the sequestration debate: exaggerate and lie about the impact of the cuts, which really only serve to slow the growth of federal spending, and maximize the pain caused by those cuts.
Just two days before the automatic federal spending cuts took effect, the Transportation Security Administration (TSA) announced it had awarded a $50 million one-year contract for new uniforms for airport screeners, clothes that will be manufactured partially in Mexico.
Harry C. Alford, president and CEO of the National Black Chamber of Commerce, has accused President Obama of acting like former Soviet dictator Josef Stalin in his attempts to force a socialist agenda on America.
The Inspector General says a lot of money was wasted in trying to rebuild Iraq but fails to mention the real costs of war and its aftermath: the increasing risk of national bankruptcy and loss of freedom for Americans.
The vast majority of America’s small business owners, the key job creators in the economy, say that Washington’s policies are hostile to job creation and antagonistic toward free enterprise, and that federal policies have become even more hostile in recent years.
Let's work through an example. Suppose 100 yards of fence could be built using one of two techniques. You could hire three low-skilled workers for $15 each, or you could hire one high-skilled worker for $40. Either way, you get the same 100 yards of fence built. If you sought maximum profits, which production technique would you employ?
A leaked e-mail from the Agriculture Department has added substance to claims that President Obama’s political strategy is to make the sequestration as painful as possible to win public opinion against the Republicans.
There are 57 ways the sequester could sting you, says Jeanne Sahadi, a senior writer at CNNMoney. The following 57 things are her “somewhat random sampling” of the bad things that could happen when the sequester takes effect. But because I see most of these things instead as good things about the sequester, I have added my comments after the bullet points in her 14 categories.
Most people are not even surprised any more when they hear about someone who came here from Korea or Vietnam with very little money, and very little knowledge of English, who nevertheless persevered and rose in American society. Nor are we surprised when their children excel in school and go on to professional careers.
The headline that Detroit's financial difficulties are so severe that Michigan's governor must name an emergency financial manager to run the place obscures the renaissance that is taking place right in the center of downtown Detroit.