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Purging the spending binge.
Regarding Tad DeHaven's "Blowing It" (April 5):
The current federal spending binge is a symptom of an inherent flaw in our Republic, or any republic, for that matter. By increasing public spending, the people's representatives can buy the votes they need for re-election. As a result, republics naturally beget public-sector growth--and always will, until elected representatives can put their nation's interests above their own selfish interests. Any workable answer to the spending problem must confront this flaw, and would require a constitutional amendment of some sort.
One such solution would be to disenfranchise persons who receive public handouts--then their votes would not be ...
- Budget gap huge: ; Despite spending binge, it's been worse
- Newspaper article from: Charleston Gazette Martin Crutsinger and Christopher S. Rugaber October 17, 2009 700+ words
...recognizes that we need to put the nation back on a fiscally sustainable path." In effect, the federal government went on a spending binge at the same time it received a sharp pay cut. And if, like an overextended consumer, Washington doesn't mend its ways...
- Looking bold and talking big; Dubai's spending binge.(Dubai packs the biggest...
- Magazine article from: The Economist (US) November 10, 2001 700+ words
...Dubai, one of the seven states that make up the United Arab Emirates (UAE), is embarked on what appears to be a wild spending binge at a time when the world's economy is sunk in gloom. As other airlines go broke, the latest deal sees Emirates, owned...
- Spending Binge: Even the best financial plan will fail if clients can't hold on...
- Magazine article from: Financial Planning McReynolds, Rebecca May 1, 2004 700+ words
It's one of the worst kept secrets in the industrygood savers beat great investors every time. So why are financial planners spinning their wheels, trying to dazzle clients with the latest asset allocation theory and Monte Carlo projections for the investment side of the portfolio, while ignoring
- Capital spending binge; HFMA survey foresees 14% annual increases.(Healthcare...
- Magazine article from: Modern Healthcare Jaklevic, Mary Chris March 1, 2004 700+ words
Byline: Mary Chris Jaklevic Hospital capital spending is expected to rise 14% annually over the next five years, with technology topping the list of anticipated capital projects, according to a survey by the Healthcare Financial Management Association. More than one-third, or 35%, of 460 hospital
- Consumer Spending Binge Worrisome to Fed; Officials See Inflation Threat as...
- Newspaper article from: The Washington Post John M. Berry December 2, 1994 700+ words
Federal Reserve Governor Lawrence Lindsey and other Fed officials said that the nation's unexpectedly strong economic growth is not likely to slow until Americans finally decide they have bought enough new cars, pickups, furniture and appliances for now. Lindsey and his colleagues at the Fed have
- Defence spending binge still not enough: industry notes shortcomings in...
- Magazine article from: Interavia Business & Technology Macrae, Duncan November 1, 2002 700+ words
After the biggest defence budget boost in years, you might have thought that the French defence industry would have the good grace to say thank you and stop asking for more. No such luck. While welcoming the increased spending contained in the new multiyear spending plan covering the period
- Finally, a spending binge for Cardinals; Super Bowl MVP Jackson, QB Blake lead...
- Newspaper article from: East Valley Tribune (Mesa, Ariz.) (via Knight-Ridder/Tribune News Service) March 13, 2003 700+ words
Byline: Darren Urban MESA, Ariz. _ Rod Graves admitted he was a beaten man Tuesday night, gloomy over going home after midnight most nights without the Arizona Cardinals able to sign anyone in the free-agent market. "I told (director of player administration) Jay Nienkark, `whatever you do, don't
- Obama's Spending Binge Won't Solve Jobs Crisis
- Magazine article from: Human Events Kudlow, Lawrence July 13, 2009 700+ words
Tax Rate Cuts Needed After nine months of explosive monetary and fiscal stimulus, you'd think economic recovery would be upon us. But the June jobs report tells a much different story. Non-farm payrolls fell by 467,000, as the unemployment rate edged up to 9.5%. This isn't nearly as bad as the
Source: HighBeam Research, Purging the spending binge.