As much as President Barack Obama tries to blame his predecessor, he has to take some ownership of a careening federal deficit that apparently will reach $1.75 trillion this year. That jaw-dropping number came from Obama himself last week
Tax system bears resemblance to slavery
By Walter Williams: Syndicated Columnist Let’s push back the frontiers of ignorance about the federal deficit. To simplify things, I’ll use round numbers that are fairly close to the actual numbers. The nation’s 2005 gross domestic product (GDP), what the American people produced, totaled $13 trillion. The federal government consumed $2.4 trillion, but it only […]
DeLay’s legacy largely of debt, big government
Freedom Newspapers Seen from a liberty perspective of the American people, Rep. Tom DeLay’s career was a failure. The Texas Republican, undergoing a trial for alleged ethics violations, announced this week that he would not seek re-election this fall. There’s no doubt Rep. DeLay is a talented, tough political infighter. He is a major reason […]