Federal Budgets, GDP and the 18% Solution
An interesting thing happens each year with our tax dollars. The overall tax receipts (amount of tax dollars collected) always average around 18% of Gross Domestic Product (GDP).[1] GDP represents the total dollar value of all goods and services produced over a specific time period for the U.S. The relationship of taxes collected to [...]
American Women: Equal Rights or Equal Misery?
Women’s rights to vote, equal pay for comparable jobs as men, and freedom from any oppression due to gender: these are all good and noble goals to strive for in America. After all, our country was founded on the belief that we were created equal and we have the inalienable rights of “Life, Liberty and [...]
The Greek Tragedy
The complexity of our times simply means that everything that happens around us is somehow related to what happens, or will happen, to ourselves. I would like to share with you my take on how Greece may have come to the point of no return. Describing the political atmosphere at the birthplace of democracy is [...]
A Tale of Two Budgets
House Budget Committee Chairman Paul Ryan (R) of Wisconsin recently submitted an eight-year budget plan for America. Much has been written in the last few weeks about the similarity between Ryan’s budget and Obama’s budget. While it would be easy to go through both budgets line by line and point out the differences, the simple [...]
A Fiscal Problem Ignored
“A problem ignored is a disaster invited.” This was a quote I saw on a bulletin board in a building where I once worked. Ironically, it was there during a time when management was refusing to address an escalating problem looming under their noses. The facts and issues had been repeatedly presented to them by [...]
Paul Ryan’s Health Care Plan Part 1: Escaping ObamaCare
First in a two-part series on the path from ObamaCare to Paul Ryan’s Roadmap 2.0 plan for health care. Part 1 targets ObamaCare’s economic war and Constitutional challenge. In Part 2, we take Paul Ryan’s path from a culture of dependency to health care reform. No federal program reveals President Obama’s plan for big government [...]
Washington’s Drunken Spending
What do $10 million in “Sesame Street” remakes for Pakistan, $765,828 to subsidize “pancakes for yuppies” in Washington D.C., and $550,000 for a documentary about how rock music contributed to the collapse of the Soviet Union, all have in common? You paid for them.[1] In a December 2011 oversight report, U.S. Senator Tom Coburn, M.D. [...]
Massive Regulation Hurts Small Business
A study done by the Small Business Administration (SBA) said that in 2010 the annual cost of Federal regulations was $1.75 trillion.[1] Our annual GDP is over $15 trillion, meaning the cost of these regulations amounts to about 11.5% of GDP.[2] That’s a lot of money. Think of the impact on our struggling economy if [...]




