Last year, Bill Whittle, using research by IowaHawk, proved dispositively that it is not possible to cover our deficit or debt by taxing the rich (see below). It cannot be done even by taking absolutely every penny they have, nor every penny of …

The 2009 version of this video was instructive, but now the author has real data to work with. If previous presidents were putting the pedal to the metal on increasing the debt, Obama added rocket engines to the car.

See for yourself:

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How do the Obama deficits …

Decade of Obamacare will cost $1,160 billion

How much will Obamacare — call it the Patient Protection and Affordable Care Act if you like — cost over the next 10 years?

More than you’ve been led to believe, reports Charles Blahous of George Mason University’s …

In the previous post, we discussed the the uselessness of the Buffett tax as a revenue generator. In this video from LearnLiberty.org, Professor Antony Davies shows in a very easy-to-understand three-minute lesson that revenue is pretty static no matter what the tax rate, in …

This is serious . . .

The debt bomb this country is facing is so large, and so serious, in fact, that a lot of people are simply incapable of absorbing the information. The human tendency towards what is called “normalcy bias” …

That’s not a matter of analyst opinion—that comes straight from the Congressional Budget Office.

The Democrats have made it clear that their plan is to keep giving out candy as the train goes over the cliff. They’ll jump off at the last second and then, once …

Okay, so downgrades of the United States’ credit rating do not happen every single day. But before the Obama era, they didn’t happen at all. Since Obama took office and the Democrats decided to start spending money that our grandchildren don’t have, we’ve  been downgraded …

It’s not a very neighborly thing to hit somebody with depressing pessimism first thing in the morning. Let ‘em at least shake the sleep out of their eyes and grab some orange juice before you park a storm cloud directly over their heads. Of course,

National Debt has increased more under Obama than under Bush

(Credit: The National Debt has now increased more during President Obama’s three years and two months in office than it did during 8 years of the George W. Bush presidency.

The Debt rose $4.899 trillion during …

Yesterday, at Human Events, John Hayward joins the chorus of I-told-you-sos on the true costs of Obamacare:

The big ObamaCare news this week isn’t really “news” to anyone who was smart enough to see through the President’s obfuscations and fraudulent accounting when ObamaCare was …