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Channel: MyGovCost | Government Cost Calculator » William Shughart
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Obama and FDR

In March 1933, when the Great Depression had driven the U.S. economy to rock bottom, the unemployment rate stood at 25 percent. One out of every four Americans who had had a job in 1929 was queuing in...

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The Costs of the Federal Bailouts

Ever since the bursting of the real estate bubble became evident at the end of 2007, Washington has been on a spending spree to avert events that, in its collective judgment, threatened the stability...

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Do We Need Another Stimulus? Tax-and-spend Has Never Worked

During the Great Depression, economist John Maynard Keynes recommended increasing federal government spending, financed by borrowing, to boost the U.S. economy. It didn’t matter how the new money was...

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Raising Taxes Is No Way to Spur Economy

It’s September, and election season is under way. Marching to the tune of President Obama’s class-based political rhetoric, some candidates for Congress are campaigning on promises to raise taxes...

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State of California to Sell 24 Government Buildings for $2.3 Billion

News item: “California to Sell 24 Government Buildings for $2.3 Billion” (AP, October 12, 2010). As a way of helping plug the State of California’s now-chronic budget deficit, this headline is welcome...

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Public Broadcasting Subsidy: Unnecessary and Irrational

According to a Poll Position survey conducted in late October, 45 percent of Americans said “No” when asked whether the U.S. government should stop helping to fund NPR; 39 percent said “Yes.” Only...

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