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Great Government and the Roots of Rebellion

By John Lumbard.   USA Today just published an opinion piece arguing that voters are concerned about the power wielded by large corporations;  but unwilling to embrace the federal government as a benevolent regulator.  That distrust is founded in a recognition that our government is larger than all of our 100 largest corporations put together---a fearsome size---and that it has...
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Doomsayers can shed the silly costume now

by Michael Smith That the European welfare state amounts to a pyramid scheme—a shrinking work force trying to support a growing population of retirees and welfare recipients—is old news in some political circles, but it’s gotten scant attention from the folks who desperately want America to follow the European model. That’s...
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A budding fiscal conservative at the NYT?

by Michael Smith. OK, multiple choice. How can you tell when big changes are in the air?  A. You literally look up in the air, and pigs are flying.  B. Hell has frozen over and the sinners are all ice-skating.  C. A New York Times columnist worries about runaway federal spending and calls on...
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Constituents Calling

"If interest rates are at 10% when the net federal debt hits $10 trillion (roughly two years from now), we will find ourselves paying $1 trillion per year in interest.” "Interest would vault over medical care to become the largest item in the federal budget.  $1 trillion is $8,547 per household,...
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