Author Archives: Rob Port

It's A Spending Problem

It's A Spending Problem

Courtesy of Yuval Levin at National Review, here’s another look at the “fiscal cliff” deal’s impact on the nation’s debt and deficit problem: And then there’s this comparison of spending and revenue, each as a percentage of GDP: Going back to 1973, we’ve never been able to hold federal revenues much above about 18% of

Spain Selling Off Wind Farms

Remember when President Obama was touting Spain’s “green energy” policies as something worth emulating here in the United States? Well Spain, where unemployment has hit rates as high as 20%, is now selling off their wind farms (via Million Dollar Way): In its concerted effort to reduce debt and maintain investment grade credit rating, Iberdrola

Thanks Fracking: US Oil Imports At A 20 Year Low

I’m a free trade sort of guy, so generally I think America ought to get its goods and services from wherever makes sense in marketplace. If that’s someplace in America, great. If not, that’s ok too. Thinks like “trade deficits” are the result of economic illiteracy and media sensationalism. That being said, I was never

"We Can't Cut Our Way To Prosperity" When Prosperity Is Based On Government Spending

“We cannot simply cut our way to prosperity,” President Obama said last night in response to the House sending him the “fiscal cliff” legislation to sign. That statement always strikes me as curious, as though government drives the economy instead of burdens it. I’m no anarchist. We need government. There are lots of things government

North Dakota State University Teams Up With Planned Parenthood To Spend Obamacare Money On Sex Education

The State of North Dakota turned down a grant, made available through the Obamacare legislation, to fund sex education in North Dakota. But North Dakota State University, part of that fourth branch of government that is our university system, has accepted it. Now two NDSU professors are working with abortion mill giant Planned Parenthood to

Respondents To Dickinson State University Survey Ask Questions University Officials Don't Want To Answer

In a blatant bit of holiday news dumping, the officials at Dickinson State University gave up on a fight to keep a section of a recent campus quality survey dedicated to written comments hidden from the public. Previously only a redacted copy was given to the media as university officials hid behind their lawyers, but

Schafer Column: North Dakota's Lesson For Solving The Deficit Problem

North Dakota was just rated as the “Best Run State in America”, and there are lessons to be learned as we approach our financial problems in the federal government. President Obama pushes tax increases to solve the outrageous deficit problem facing our country and says “the majority of Americans agree with my approach.” David Axlerod

We've Taxed The Rich, Now What?

I won’t tell you that the fiscal cliff deal passed by Congress yesterday was a good thing. I think going over the cliff would have been better for the country. The spending cuts in the sequestration were more meaningful, and the tax hikes were more broad. I don’t think we’re going to see an appetite

Berg's Final Vote: "No" To The Fiscal Cliff Deal

Rep. Rick Berg just cast his final vote in the US House. He’ll be heading back to the private sector after failing in his bid to move to the Senate. By the narrowest of margins, North Dakotans picked liberal Democrat Heidi Heitkamp over him. But Berg finished strong. Even as his fellow North Dakota Republican

House Passes "Fiscal Cliff" Deal That Makes Debt And Deficit Projections Worse

The House has passed the “fiscal cliff” deal the Senate passed early this morning. The media, of course, is reporting this as “crisis averted.” Which is an absurd notion. Via Zero Hedge, here’s a chart showing the CBO’s projected annual revenues from these tax increases (assuming “the rich” sit still for them and don’t move

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