Post Tagged 'debt'

October 07, 2013

A Failure to Save

This first appeared in my newsletter, Economic Prospect, in late 2008. Looking back after five years I still like it. The American failure to save is matched by our insistence on spending to have it all. Continue Reading...

March 20, 2013

Is The Divinization of Federal Government Complete?

We are now witnessing how some make the tie between human tragedy and federal spending. Just yesterday, Senate Majority Leader Harry Reid shamelessly implied that the accident that killed seven Marines in Nevada is tied to spending cuts from sequester. Continue Reading...

March 15, 2013

How Bearing Each Other’s Burdens Can Lighten Our Burden of Debt

In this week’s Acton Commentary, “A Passion for Government Leads to Neglect of Our Neighbor,” I examine how the disconnect between desires and deeds with reference to helping the needy among us perpetuates unbalanced budgets and spending on debt to the detriment of future generations. Continue Reading...

February 13, 2013

State of the Union and the Reality Conundrum

It was William F. Buckley who said “conservatism takes into account reality.” Reality has become the giant political obstacle for conservatives when it comes to governing, campaigning, and political messaging. It seems too many Americans still love their freedoms but eschew many of the responsibilities that come with it. Continue Reading...

January 15, 2013

Samuel Gregg: Americans’ ‘Absurd Expectations’ and the Economic Crisis

Samuel Gregg, Acton’s Director of Research and author of the book “Becoming Europe“, says one of America’s real debt dangers is our increasing sense of entitlement from the government. In today’s Investor’s Business Daily editorial, Gregg states our “insatiable appetites” are getting us into the very deep economic trouble that no one, least of all politicians, seems to want to face: …Luxembourg’s Prime Minister Jean-Claude Juncker famously lamented in 2007: “We all know what to do, but we don’t know how to get re-elected once we have done it.” Continue Reading...

December 12, 2012

Commentary: Christmas and Secularism’s Futility

In today’s culture, there is always an abundance of news stories about the “War on Christmas.” In my commentary this week, I address that concern and the lack of understanding of the deeper meaning of Christmas. Continue Reading...

December 03, 2012

The Pin that Might Pop the Higher-Ed Bubble

I commented last week on the “textbook bubble” (here) and have commented in the past on the “higher-ed bubble” and the character of American education more generally (see here, here, and here). Continue Reading...

November 16, 2012

Is the Fiscal ‘Cliff’ Just a Bump in the Road?

Over at Think Christian I take a look at the looming fiscal “cliff,” which we are being told from every conceivable quarter represents a significant danger to America’s fragile economic recovery: But apart from the numbers themselves, the framing of the issue by politicians and pundits ought to give us pause. Continue Reading...

November 05, 2012

RFK, Reagan, and Presidential Elections

The first presidential election I remember was the Ronald Reagan – Walter Mondale race in 1984. My kindergarten class in the Philadelphia suburbs held a mock vote that Reagan overwhelmingly won. Continue Reading...

October 12, 2012

Scoring the Vice Presidential Debate

From a purely political standpoint last night’s Vice Presidential Debate was probably a victory for both candidates. Vice President Joe Biden fired up his base with his aggressive and somewhat dismissive behavior towards Congressman Paul Ryan. Continue Reading...

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