There is a policy battle in D.C. between the sublime versus the ridiculous. House Speaker Pelosi has come forward with a $3 TRILLION HEROES Act stimulus plan. Under her plan, most people would make more money by quitting work and staying home than by working.
Articles tagged as
Spending
Democrat Ann Kuster Admits, for the Second Time, That Republican Steve Negron Could Flip Her Seat
Last November, a fake impeachment, virus socialism, and a few riots ago, Democrat Ann Kuster – who stands by all three of those things (by the way) – admitted that Republican Steve Negron could ‘Flip Annie’s seat.’ It’s not “Annie’s” seat, but six months later, she has repeated the claim.
New Hampshire’s Budget Deficit – Will it be $700 Million?
If you are watching the state budget you understand there is a lot of red ink. Revenues for March were off in the neighborhood of 15%. In April revenues were off more than 35%, actually closer to 40%. In May revenues will be off by about 20%.
Are Most Fears About Budget Deficits Wrong and Dangerous?
Modern Monetary Theory (MMT) basically says most fears about budget deficits are wrong and dangerous. The federal deficit is projected to swell to $4 trillion this year. Republicans are nervous. Democrats are eager to spend trillions more.
Shaheen Refuses to Fix US Postal Service Which Raises Your Taxes
Senator Jeanne Shaheen sent out a letter this week which begs rebuttal. “I wanted to take a moment to update you on my work to protect the U.S. Postal Service,” she says. This is a problem. It has been a problem as long as Senator Shaheen has been a Senator from New Hampshire.
Data Point – Saving rates by Americans WAY up
Americans are so nervous about the state of the economy that they are stashing cash in the bank at a rate not seen since the first year of Ronald Reagan’s presidency.
The United States government’s Bureau of Economic Analysis reported Thursday morning that the savings rate surged to 13.1% in March — up from 8% in February.
CDC and NIH Spent $2.87 Million to Study Why Lesbians are Obese
The Coronavirus response “issues” the average lazy “journalist” might try to lay at the feet of Donald Trump are not Trump-related. They are thanks to agencies like the CDC and NIH who, in case you are curious, have been focused on other pressing “health” matters. Like why Lesbians are obese.
Data Point – Consumer Purchasing off the cliff
70% of the American economy is consumer driven. With Government shutting it down (e.g., Ben Franklin’s saying again!), we can see how fast consumers shut their wallets (even those that still have jobs). The paper relies on data from a nonprofit “fintech” company that helps people save, and the researchers had access to (anonymized) data … Read more
Here’s What Congress Deems “Essential Spending” for Coronavirus Recovery
The U.S. Senate unanimously passed a $2 trillion “Phase III” emergency aid package. They are pushing this as being to “help” America recover from the coronavirus lockdown. Previous phases provide funds for testing and paid family leave. Not one U.S. Senator voted against the legislation: 96-0.
Data Point – The US has a SPENDING Problem, not a Revenue Problem
The United States has a SPENDING problem, not a revenue problem. So, how much did the US take in?
Ed-icaid: A Better Word for the Failed Government Monopoly on Education?
The government-run public school experiment has failed. Costs are out of control, and most of the money is spent on overhead, in other words, typical of government interventions. We’re wasting millions annually, at every opportunity, to pay staff and managers who have nothing to do with teaching.
Medicaid Experiment Continues to Blow Holes in State Budget
Vermont is very progressive. Bernie is after all their US Senator (can anyone name the other one?) The state fully embraced Obamacare, the exchanges, Medicaid Expansion, and developed its own oversight provider network. And it loses gobs of money every year.
School funding: How much is enough?
There is a question that should be asked of anyone who wants to make a case for increasing the amount that we spend on public schools. Usually, they just say that the amount needed is ‘more than it is now’.
But how much more?
Focus on Growth, Opportunity and Innovation is Paying Off for New Hampshire
The takeaway message from Gov. Chris Sununu’s State of the State address on Thursday was that New Hampshire, like comedian Larry The Cable Guy, gets her done.
This Regional Tax Scam Isn’t About Lower Emissions It is About Adding a New Revenue Stream
The Transportation Climate Initiative is a scam. Not a single supporter is advocating a massive downsizing of government to save the climate. That would have an immediate impact not to mention kick-starting every state economy. No, this is just another tax.
3 Things You Should Never Do if You Owe People Money
Before even getting into these three things that you really need to avoid if you are in debt to someone, here’s a little piece of pre-advice: Don’t land yourself in debt. It sounds kind of easy, but their debts can pile up quicker than you think. Whether it’s credit card debt, student debt, loan debt, … Read more
Tales from the BudComm – The “two bites at the apple” edition
Last night, again, was the public hearing for the Town and School District; my previous post covered the discussion of getting the Budget Committee to endorse siphoning off peoples’ tax monies to “charities” that live off government tax monies (else they’d go belly up). This was is about the School Board trying to have their … Read more
Gov. Sununu tells the NH House and Senate what his fiscal positions are for 2020 and 2021
This letter was sent to us by a loyal reader and NH State Representative. It outlines some red lines that Soucy and Shurtleff should not cross. Emphasis is mine.
But given what he’s been saying so far, that’s EXACTLY what Bernie Sanders wants!
So Bernie gets pwned twice over. First is in this obvious one – he DOES want to take everyone’s money. Just look at his “plans” for what he wants to do! At this point, his Medicare for All / Universal Healthcare has such a large price tag, he’s been reduced to just waving his hand, … Read more
Waste-to-energy is the solution to the trash problem
Regarding the recycling center in Gilford, this whole project has been a boondoggle of the highest degree. As the entire recycling industry crashes and burns, Gilford dives in headfirst … to an EMPTY pool. Once again, government is a day late and a dollar short in providing a “solution” to a “problem” that doesn’t exist, … Read more