Acton Institute Powerblog Archives

Post Tagged 'national debt'

Crossing Jordan for the Welfare State

Mark Tooley has an excellent write up over at FrontPage about religious left figures staging martyr like arrests in defense of tax increases, unsustainable deficit spending, and the welfare state. Here are some details provided by Tooley: Religious Left officials on July 28 successfully sought arrest for “faithful civil disobedience” in the U.S. Continue Reading...

Circling the Sacred Debt Wagons

In my 2009 commentary addressing the nation’s debt crisis I included words from Admiral James B. Stockdale. The full quote comes from an essay on public virtue from the book Thoughts of A Philosophical Fighter Pilot. Continue Reading...

Achieving Real Budget Reform

John Boehner recently stated, in the debt-ceiling talks, that “We’re going to continue and renew our efforts for a smaller, less costly and more accountable government,” which most Americans agree with in principle.  Continue Reading...

Praying for More Tax Revenue?

We’ve all heard of presidents, governors, and other civil leaders calling citizens to prayer in times of great need. In April, Texas governor Rick Perry called on his citizens to pray for rain because of an extreme drought. Continue Reading...

Deficits, Debt, and Self-Deception

This week’s Acton Commentary: Deficits, Debt, and Self-Deception By Samuel Gregg It passed almost unnoticed, but in late July the Obama Administration raised the Federal Government’s budget deficit forecast for fiscal year 2011 to $1.4 trillion. Continue Reading...

America’s Destiny Must Be Freedom

My commentary this week is a simple message about the importance of returning to our founding principles and embracing the liberty granted to all of us as Americans. Independence Day should always serve as a significant reminder of the freedom narrative of this country that has provided so many people with opportunities to flourish and live out their dreams: America’s Destiny Must Be Freedom Ralph Waldo Emerson described America as “the land that has never become, but is always in the act of becoming.” Many Americans don’t feel that way as pessimism has replaced a once vibrant optimism about the future. Continue Reading...

Forgive us our deficits

This week’s Acton commentary: As 2010 unfolds, many countries are confronting a public deficit crisis of disturbing proportions. Since 2008, countless politicians have underscored that a cavalier attitude to debt on the part of Main St. Continue Reading...

The Fleecing of America

NBC Nightly News has long had a special feature titled, “The Fleecing of America,” which investigates various instances wasteful spending by government officials. To get a visual clue about the massive size and diversity of the federal budget, check out “Death and Taxes”, the 2007 edition, “a representational graph of the federal discretionary budget. Continue Reading...