Browsing All posts tagged under »cato institute«

Amid fiscal profligacy and fears of a looming debt crisis, Spending cuts recommended but is a tax increase necessary?

October 5, 2010 by


This video by prominent Washington DC based Economist Daniel Mitchell demonstrates that only spending cuts and not an increase in the tax burden are needed to balance the budget.  Although the video refers to an increasingly “big government” America, the same issue plagues most European countries and particularly the United Kingdom.  While the new UK conservative government has the good […]

Fiscal Deficits, Unprecedented Government Debt: Act Now or Pray for God to Save us All!

June 2, 2010 by


The nation is facing a fiscal emergency. Debt is exploding and federal spending exceeds revenues by more than $1 trillion a year. read more about this interesting article published by senior economic policy expert Chris Edwards from the Cato Institute: Federal Spending Limit

Big Government in Europe led to sovereign debt crisis… Don’t let America turn into another Portugal, Italy, Ireland, Greece and Spain (PIIGS)!

May 18, 2010 by


Although this video refers to France, France to its credit along with Germany, have managed to be more productive than their European neighbors, limiting the damage caused by huge levels of taxation and government spending. If America does not abandon failed policies and entitlement programs that have amounted to a $13 trillion debt, this nation […]

Greece’s Debt Crisis: A Sign of Things to come to a Hugely Indebted America?

April 28, 2010 by


Written by Orphe Pierre Divounguy The Greek government 2010 budget deficit calculated at 13.6% of GDP is simply adding to the highest debt to GDP ratio in the EU (113% of GDP).  The rising debt has led to high borrowing costs, the inability to repay its debts and a severe economic crisis.  The recent current […]

The Kudlow Report joins the fight against a complex tax code: America wants a flat tax!

April 20, 2010 by


A low flat tax would give individuals and businesses the means to consume more, save more or invest more, making all Americans better off.  Low taxation creates jobs!  A flat tax would also reduce the compliance and enforcement costs of the tax system. Find out more about a flat tax for America on the Cato […]

Nobel Prize economist Dr Mundell and Dr Laffer prescribe tax cuts!

April 14, 2010 by


CNBC The Kudlow report with prominent economists Dr Mundell and Dr Laffer According to Dr Mundell and Dr Laffer, the best way to pay off the debt is to get Americans back to work by cutting taxes! “Over time, increased growth will contribute to paying off the debt” – recipient of the Nobel Prize in […]

New Video exposes nightmare of IRS complexity

April 13, 2010 by