Common Folk Using Common Sense

Says Herman Cain: When President Obama took office in January 2009, the national debt was $9.5 trillion, which is nearly $32,000 for every man, woman and child living in this country. The national debt as of this writing is nearly $14 trillion, which is $45,000 for every man, woman and child living in this country. [...]

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Says Thomas Sowell: Many of the wonderful-sounding ideas that have been tried as government policies have failed disastrously. Because so few people bother to study history, often the same ideas and policies have been tried again, either in another country or in the same country at a later time — and with the same disastrous [...]

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This chart shows Obamacare‘s bewildering complexity. This is why I laugh when I see someone with an “Obama 2008” bumper sticker, because no sane person would wish this on themselves, their children, or their country. From the Joint Economic Committe: “For Americans, as well as Congressional Democrats who didn’t bother to read the bill, this [...]

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Without our current income tax, the average citizens could pay for health care, buy a home, send children to college, give to charities, invest in a business, and finance personal loans, all part of the historical concept of “The American Dream”. With our current income tax, Social Security tax, Medicare tax, sales tax, extra taxes [...]

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From Derek Thompson, staff editor at TheAtlantic.com: The median duration of unemployment is higher today than any time in the last 50 years. That’s an understatement. It is more than twice as high today than any time in the last 50 years. There are many economic analyses that show if you pay people not to [...]

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You have an opportunity to say you made an error. Spread The Word:

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Says USA Today: The pediatrician and Harvard University professor President Obama appointed Wednesday to run Medicare and Medicaid will play a central role in implementing the nation’s new health care law, predecessors and outside experts said. Donald Berwick, who Obama named to head the Centers for Medicare and Medicaid Services, drew praise from top medical [...]

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Via USAToday: Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high [...]

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By Arthur C. Brooks at The Washington Post: America faces a new culture war. This is not the culture war of the 1990s. It is not a fight over guns, gays or abortion. Those old battles have been eclipsed by a new struggle between two competing visions of the country’s future. In one, America will [...]

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Says Chuck Roger: If attempts to cut education spending can send thuggish teachers’ unions into the streets and a tough Arizona law on illegal immigration can send unions and race baiters screaming, what will happen if Washington politicians ever find the spine to do what has to be done to cut Welfare, Social Security, Medicare, [...]

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From reason.com: America’s financial situation is unsustainable. In 2009 the federal government spent $3.5 trillion but collected only $2.1 trillion in revenue. The result was a $1.4 trillion deficit, up from $458 billion in 2008. That’s 10 percent of gross domestic product, a level unseen since World War II. Worse, the Congressional Budget Office (CBO) [...]

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On March 11 the Congressional Budget Office reported the estimated increase for discretionary spending with ObamaCare could exceed $55 billion. Now, two months later, the CBO “revises” that estimate to $115 billion. And every dime of that $115 billion will come out of taxpayer wallets. In 170 days you can start voting some of these [...]

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Via The Washington Times: The president’s planned fiscal excesses beyond 2010 cannot plausibly be attributed to the recession, blamed on George W. Bush or justified by economic principles, Keynesian or otherwise. They are simply irresponsible to the point of willful endangerment. The public debt will be at least an astronomical 91 percent of gross domestic [...]

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Via KHOU-TV: A third-grader at Brazos Elementary was given a week’s detention for possessing a Jolly Rancher. School officials in Brazos County are defending the seemingly harsh sentence. The school’s principal and superintendent said they were simply complying with a state law that limits junk food in schools. Just damn. This action by the school [...]

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From Real Clear Politics: What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health [...]

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