Stockman Takes Umbrage with 40 Years of Republican Fiscal Policies

If David Stockman, former director of the Office of Management and Budget under President Ronald Reagan, created the political party of “Fiscal Conservatives,” I might have to give serious consideration to signing up. For now, I have to settle for non-partisan organizations like the Peter G. Peterson Foundation who work hard to promote fiscal discipline … Read more

We Are All Big Spenders Now

The WSJ reports in “General Electric Pursues Pot of Government Stimulus Gold” that General Electric (GE) hopes to earn about $192B in sales from government-funded economic stimulus programs in the U.S. and foreign nations. The article goes on to describe GE’s various lobbying efforts, CEO Jeffrey Immelt’s ardent support for the U.S. stimulus bill (the … Read more