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Government Spending

On the Sovereign Debt Crisis

Edward Harrison | Posted 12.02.2009 | Business

Read More: Taxes, Debt, Bankruptcy, Deflation, Budget, Government Spending, Jobs, Forex, Government Bonds, Mortgages, Unemployment, Foreign Exchange Trading, Inflation, Carry Trade, Double Dip Recession, Interest Rates, Business News
Edward Harrison

In a sovereign debt crisis, the central government's debt become so high that everyone knows they cannot possibly tax the population enough to cover their expenses and service it.

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Obama's Big Government SWAT Team

BusinessWeek | Posted 11.27.2009 | Politics

Read More: Government Aid, White House, Technocrats, Jeffrey Zients, Government Spending, Obama Administration, Government Efficiency, Government Programs, Jeffrey D. Zients, Big Government, Politics News

The Obama Administration's huge ramp-up in spending has given rise to a national debate over the size and role of government. It has provoked fears th...

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The Limitations of Government

Edward Harrison | Posted 11.24.2009 | Business

Read More: Government Spending, Economic Stimulus, Libertarians, Social Issues, Crony Capitalism, Business News
Edward Harrison

This post originally appeared at Credit Writedowns. In this post: A few thoughts about the limitations of government Our founding fathers How ...

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Obama To Focus On Cutting Deficit In 2010, State Of The Union

Politico | Mike Allen and Jim Vandehei | Posted 11.13.2009 | Politics

Read More: Obama Federal Deficit, Obama Domestic Spending, Federal Deficit, President Obama, Government Spending, Obama Federal Budget, Federal Budget, Domestic Spending, Obama Government Spending, Politics News

President Barack Obama plans to announce in next year's State of the Union address that he wants to focus extensively on cutting the federal deficit i...

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What U.S. Bailout Money Could Do For The Rest Of The World

Huffington Post | Victoria Fine | Posted 11.09.2009 | Impact

Read More: Government Spending, $2.3 Billion, Cit, Government Bailout, Bankruptcy, International Rescue Committee, Bailout Money, Impact News

Ever wonder how all that money spent on government bailouts of U.S. companies and banks could have been spent differently? The Business Insider did. O...

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Time for Economic Polluters to Pay Up? Tobin or not Tobin...

Sony Kapoor | Posted 10.14.2009 | Business

Read More: Merkel, Financial Transaction Taxes, G-20, Sarkozy, Tobin Tax, Keynes, Economic Bailout, Economic Collapse, Bailout, Economics, Economy, Government Spending, Finanical Crisis, Fiscal Policy, Business News
Sony Kapoor

The financial crisis, the biggest in living memory, has tilted the political and financial landscape in a direction that makes Tobin Taxes not just more desirable but also much easier to implement.

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Stimulus Aided Teachers, Laborers: Report

AP | MATT APUZZO | Posted 10.13.2009 | Business

Read More: Jobs Creation, Unemployment, Stimulus Package, Teaching Jobs, Recovery Accountability and Transparency Board, Government Spending, Obama Administration, Teachers, Business News

WASHINGTON — President Barack Obama's stimulus plan spared tens of thousands of teachers from losing their jobs, state officials said Monday ami...

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House Passes Bill To Prevent Government Shutdown

AP | ANDREW TAYLOR | Posted 11.25.2009 | Politics

Read More: Extend Federal Programs, Stopgap Bill, Spending Bill, Government Spending, Government Shutdown, Office Budget Boost, Federal Programs, House Bill, Politics News

WASHINGTON — The House passed legislation Friday to head off a government shutdown next week by temporarily extending spending on most federal p...

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Why Government Spending Is the Solution, Not the Problem

Marshall Auerback | Posted 11.15.2009 | Politics

Read More: Government Spending, Deficit Spending, Deficit, Joe Wilson, Obama, Socialism, Health Care, Politics News
Marshall Auerback

Markets do not self-regulate in ways that avoid major financial upheavals and activist government is required as a counterbalancing force.

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On the Trail of the White Rabbit: The Case Against Animal Testing

Carol Muske-Dukes | Posted 10.23.2009 | Living

Read More: Health Care, Government Spending, Medicine, Animal Testing, Living News
Carol Muske-Dukes

People believe that animal research saves lives. But is this true?

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How Obama Will Keep Michigan Blue in 2010

Susan J. Demas | Posted 07.27.2009 | Politics

Read More: Michigan Budget, Gop, John McCain, Sonia Sotomoayor, John Cherry, Gm, 2010 Election, Reagan Democrats, Government Spending, Macomb County, Anderson Cooper, Joe Biden, Stimulus, Ray Lahood, Barack Obama, Chrysler, Gary Locke, Pork-Barrel Spending, Oakland County, Michigan Republican Party, Unemployment, Hilda Solis, Jennifer Granholm, Sean Hannity, Michigan, Glenn Beck, Rust Belt, Recovery Act, Dennis Darnoi, Politics News
Susan J. Demas

If the Republicans win the governorship here, the national media will trumpet that as an Important Trend. And a sign of the president's impending doom in 2012.

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Ignore the Scaremongers - Watch out for the Truly Scary

Ann Pettifor | Posted 07.06.2009 | Business

Read More: Unemployment Numbers, Job Losses, Debt, Bankruptcy, Consumer Debt, Unemployment, Investment, Banker's Recession, Government Spending, Green Shoots, Recession, Ben Bernanke, Credit Crisis, Borrowing, Interest Rates, James Bond Markets, Business News
Ann Pettifor

Economists and their friends in bond markets are scaremongering in the hope of achieving cuts in government programs, rises in unemployment and lower wages. This is lunacy parading as economics.

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Time for a Tea Party with the Right: Why Progressives Need a Transpartisan Strategy

Bill Shireman | Posted 05.20.2009 | Politics

Read More: Taxes, Tax Day Tea Party, Hate, Government Bailout, Conservatives, Liberalism, Protest, Government Spending, Fox News, Hate Speech, Conservatism, Paul Krugman, Right Wing, Tea Party, Barack Obama, Politics News
Bill Shireman

Let's sit down with the right for tea. Let them vent their anger and hate - and we can vent ours. Let's listen to the fear that lies beneath the hate, to the reasons they're afraid.

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Government Spending On Bailout (CHART)

Huffington Post | Julie Satow | Posted 04.30.2009 | Business

Read More: Tarp, Government Spending Chart, Government Spending, Bailout Spending, Chart Government Spending, Bailout, Business News

In an interactive chart, CNN Money tallies up how much the government has allocated since December 2007 ($10.5 trillion) and how much it has spent ($2...

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Counting the Cost of Good and Bad Debt

Jim Wallis | Posted 04.26.2009 | Politics

Read More: President, President Obama, Pay, War, Wage, Media, Employment, Government Spending, Debt, Peace, Conservative, Environment, Government, Infrastructure, Dollar, Tax Cut, Loans, Tax Cuts, Homeless, Health Care, Cost of War, Greed, Irs, Money, Veterans, Budget, Education, Trillion, Biblical, Health, Rich, Healthcare, Spending, Bible, Budget Surplus, Military, Credit Card, Conservative Ideology, Bush Presidency, Proposed Budget, President Clinton, Economy, Luke, Politics News
Jim Wallis

While watching President Obama's press conference Tuesday evening, I was struck by a few things that are often forgotten in the criticism of his proposed budget.

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Bring NASA Back to Earth

Amitai Etzioni | Posted 04.20.2009 | Politics

Read More: Government Spending, Pentagon, Npr, Nasa, Space, Barack Obama, Politics News
Amitai Etzioni

I grant you it is not high on President Obama's priority list but, if he cannot ground NASA, he will never be able to rein in the much more powerful Pentagon.

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Why 83% of U.S. Government Managers Agree Their Agencies are Ineffective

Ari Herzog | Posted 04.11.2009 | Politics

Read More: Government Spending, Federal Webmasters, Primavera Systems, Government 2.0, Management, Barack Obama, Surveys, Politics News
Ari Herzog

Government inefficiency led to 42% of tax dollars wasted. The report indicates the waste is equivalent to the total of personal income payments of every taxpayer in the 11-state Northeast!

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The Stimulus Plan: Shit Garden Economics

Jane Devin | Posted 03.26.2009 | Business

Read More: Political News, Government Spending, Stimulus Plan, National Debt, Government Budget, Ambition, Potential, Hope, Economic Crisis, National Debt Soars, Ayn Rand, Business News
Jane Devin

I've managed to keep myself out of the shit garden for the most part, if only because I love the idea of potential. I love knowing that the human brain can keep on learning, thinking, creating.

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The State of New York's Economy

John Tepper Marlin | Posted 02.07.2009 | Business

Read More: Government Spending, State of the State, Governor David Paterson, New York State, Economy, Business News
John Tepper Marlin

Today Governor David Paterson gave his State of the State Address. I watched it and you can too. Why does it matter? Because the state is facing huge...

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Tax Credits vs. Spending: Why Progressives Should Care How the Stimulus is Delivered

Elizabeth Rigby | Posted 02.05.2009 | Politics

Read More: Taxes, Congress, Stimulus Bill, Mitch McConnell, Food Stamps, Progressive Agenda, Economy, Progressive Policy Change, Progressives, Economic Crisis, President Obama, Government Spending, Obama Administration, Medicaid, Recession, Barack Obama, Politics, Unemployment, Economic Stimulus Package, Spending, Political Feasibility, Tax Cuts, Economic Stimulus, Obama Transition, Tax Expenditures, Financial Crisis, Politics News
Elizabeth Rigby

From a progressive perspective, does the use of tax credit represent a political compromise that will limit the potential for the stimulus to seed more substantial policy change?

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Sam Stein

Obama Team Draws Line: No Earmarks In Stimulus

HuffingtonPost.com | Sam Stein | Posted 01.23.2009 | Politics

Read More: Pet Projects, Larry Summers, Barack Obama, Biden Obama Earmarks, Joseph Biden Stimulus, Government Spending, Stimulus Package, Pork Projects, President Obama, Politics News

Vice President-elect Joe Biden stressed on Tuesday that there would be no pet projects for lawmakers included in the stimulus bill that Barack Obama w...

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Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 12.14.2008 | Politics

Read More: Tax Cuts, Government Spending, Taxes, Economic Stimulus, Federal Deficit, Barack Obama, Economy, Economic Crisis, Barack Obama Tax Cuts, Spending Cuts and Tax Hikes, Barack Obama Taxes, Tax Hikes, Recession, Federal Budget, National Debt, Federal Budget Deficit, Barack Obama Tax Plan, Spending Cuts, Congressional Bailout, Exit Polls Taxes, Politics News
Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.

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US Spy Agencies Spent $47.5 Billion Last Year

AP | PAMELA HESS | Posted 11.28.2008 | Politics

Read More: Mike McConnell, Intelligence, Defense, National Intelligence Director, Government Spending, Spying, Intel, Politics News

WASHINGTON — U.S. spy agencies spent $47.5 billion in fiscal year 2008, $4 billion more than in the previous budget year, according to National ...

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McCain Talks 'Pork,' Voters Think 'Bush!'

Jeffrey Feldman | Posted 11.15.2008 | Politics

Read More: John McCain, Presidential Debates, Economic Crisis, Debt, Federal Budget Deficit, George W. Bush, Government Spending, Pork Barrel Spending, Politics News
Jeffrey Feldman

Nowadays, when Americans think about profligate spending, they do not think about Democrats. Instead, when voters talk about grossly excessive government spending, they talk about Bush.

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Pentagon Budget Hits New Record

AP | ANDREW TAYLOR | Posted 10.25.2008 | Politics

Read More: Pentagon, Budget, Spending, Government Spending, Federal Spending, House of Representatives, Politics News

WASHINGTON — The House passed a $630 billion-plus spending bill Wednesday that wraps together a record Pentagon budget with aid for automakers a...

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