MPs yesterday demanded more details on Gov. Gen. Mary Simon’s in-flight catering fees, which amounted to around $218 per meal for each person present, during her trip to the Middle East in March. “There were eight meals served and the total cost was $80,367, and if you divide that by 46 people, you get $1,744…
MPs Demand Details on Governor General’s $218 In-Flight Meals During Middle East Trip
Inflation Reduction Act Won’t
August 18, 2022
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entitlementgovernment spendinginflationInflation Reduction Actnational debtOpinionU.S. economyViewpoints
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Commentary In January 1925, President Calvin Coolidge addressed the American Society of Newspaper Editors in Washington. In his remarks, Coolidge said, “the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing, and prospering in the world.” On Tuesday, President Biden returned from vacation to sign the misnamed “Inflation Reduction Act.” He…
Stacey Abrams’ Economic Plan Will Cost State Taxpayers, Republicans Say
August 10, 2022
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2022 Midterm Electionsbrian kempGeorgiageorgia governor racegovernment spendingLocal NewsMedicaidPolicies & ImpactsPoliticsRegional-Local NewsRepublicansStacey AbramsUS
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Stacey Abrams’ economic plan, showcased in a speech she gave on Tuesday night, will—despite her claims—cost Georgia taxpayers money both in new taxes and in lost tax rebates, her opponent Brian Kemp’s camp responded on Wednesday. “Tonight was an hour of hot air and empty words from a desperate candidate who can’t get poll results…
The Democrats’ Higher Tax, Bigger IRS, More Inflation Bill
Commentary During the August break, every Republican House and Senate candidate should challenge their Democrat opponents to defend the new, destructive, and unpopular Joe Manchin-Chuck Schumer bill. Democrats hope to camouflage the bill by calling it the “Inflation Reduction Act of 2022.” In the business world, this title would lead to a lawsuit over false…
The Senator Trying to Restore Fiscal Sanity
July 27, 2022
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American Rescue Plan ActARPAbig governmentFederal debtfederal spendinggovernment spendingMike Braunnational debtOpinionViewpoints
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Commentary The record high inflation that is plaguing Americans is being fueled by out-of-control federal spending. The federal government has spent over $6 trillion on COVID-19 related pandemic stimulus measures. The most recent, American Rescue Plan Act (ARPA) was not even needed as most states are experiencing large surpluses. The national debt is over $30…
Heritage Foundation Op-Ed Warns Against Build Back Better Inflation ‘Boondoggle’
July 26, 2022
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A new opinion editorial by an influential conservative think tank pulls no punches as it attacks what remains of President Joe Biden’s “Build Back Better” agenda, calling the current iteration of the plan an inflationary “boondoggle” that would harm consumers by imposing price controls on common pharmaceuticals. On Thursday, the Heritage Foundation published a new…
How Government Uses Recessions to Expand Its Control: Stephen Moore
July 4, 2022
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big governmentBusiness & MarketseconomyEpochTVFresh Look Americagovernment spendinginflationpaul greaneystagflationstephen moore
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With a global recession predicted within the next 6–12 months (some say we’re already in one), we look at not only the financial hardship economic downturns bring, but also how they can often be used to expand the role of government in our lives. Stephen Moore, acclaimed economist and former economic adviser to the Trump White…
Canada’s Fiscal Policy-Makers Are ‘Doing Nothing of Significance’ to Slow Inflation: Scotiabank
Reining in government spending could help the Bank of Canada fight surging inflation, lower interest rates, and shift the burden of adjustment away from the private sector and split it more equitably between the public and private sectors, says the Scotiabank. In the report released June 19, Scotiabank’s chief economist Jean-François Perrault and modelling director Réne Lalonde…
Government Spending Is the Real Tax; Deficits Are a Sideshow
Commentary Many economists believe that during an economic slump, government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money. This, in turn, will result in an increase in consumer spending that will lift the economy’s gross domestic…
Shrinking Ratio of Canadian Workers to Seniors Will Increasingly Strain Government Finances, Study Finds
As the ratio of working Canadians to seniors continues to shrink, it will strain government spending earmarked for older folks in the years ahead due to fewer working taxpayers, a new study finds. “Workers pay the bulk of taxes, which governments need to fund important services, including health care and income transfers to seniors,” said…
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