Acton Institute Powerblog Archives

Post Tagged 'fiscal crisis'

Nuns, 60 Minutes, Go After Rep. Paul Ryan

Last week’s spike in gasoline prices hasn’t slowed Nuns on the Bus a whit. The nuns and Network, their parent organization, are squeezing every drop of mileage out of their new-found fame, which has more to do with supporting liberal causes than reflecting church principles of caring for the poor and limiting government’s role in the private sector. Continue Reading...

Samuel Gregg: An Alternate Reality State of the Union Address

On National Review Online, Acton Research Director Samuel Gregg reflects on President Obama’s State of the Union address last night, and flags the “reality-denial” that is expressed by “a few token references to free enterprise and rewarding individual initiative (to reassure us we’re still living in America instead of just another declining European social democracy).” Continue Reading...

Raising Taxes without a Balanced Budget is Insane

It makes little, or really no sense for Americans to fork over more taxes without a balanced federal budget and seeing some fiscal responsibility out of Washington. The fact that the United States Senate hasn’t passed a budget in well over three years doesn’t mean we aren’t spending money, we are spending more than ever. Continue Reading...

Gregg: Down on the Downgrade?

Standard and Poor’s decision to downgrade the United States’ credit rating has everyone talking. Discussion has ranged from we shouldn’t take Standard and Poor’s decision seriously at all to this could be the beginning of the end for the United States if it doesn’t make immediate changes. Continue Reading...