This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 11, 2011 on Forbes.com.

The Tea Party-dominated Republican House majority already acted in the spring to solve America’s sovereign debt crisis by passing the budget proposed by House Budget Committee Chairman Paul Ryan (R-Wis.). With $6.2 trillion in cuts in the first 10 years alone, Ryan’s proposal would not only lead to a balanced budget, but would ultimately actually pay off the national debt if continued, as scored by the Congressional Budget Office.

Despite President Barack Obama’s unreasoned rhetoric, […]

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published August 10, 2011 on Townhall.com.

President Barack Obama has called for a luxury tax on corporate jets as a means to generate revenue to fight federal deficits. The president’s economic advisers ought to be fired for not telling him that doing so is unwise and counterproductive. They might have already told him so, only to have the president say, “Look, I know you’re right, but I’m exploiting the public’s envy of the rich!” Let’s look at what happened when Obama’s predecessor George H.W. Bush signed […]

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 10, 2011 on The American Spectator website.

President Obama achieved the historic downgrading of America’s credit rating the old-fashioned way. He earned it.

He came into office with federal spending already near an historic peak, with a percent of GDP at 20.7 percent and having increased by one-seventh during the Bush years. One year earlier Bush had joined with then House Speaker Nancy Pelosi to enact a pointless Keynesian stimulus package of $168 billion, which the record will show created exactly 0.00 jobs, […]

This column by ACRU Senior Fellow Ken Blackwell was published August 7, 2011 on The Huffington Post.

For almost two hundred years, the Monroe Doctrine has been a cornerstone of American foreign policy. First proclaimed in December 1823, the message from President James Monroe to the imperialist ruling houses of Europe was bold and unmistakable: The western hemisphere, including Latin American colonies throwing off European rule, was not open to further colonization. The U.S. government said we would view any attempt by Europeans to extend their existing colonies into independent American states, or to interfere with those states striving to achieve their […]

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 4, 2011 on Forbes.com.

How is it possible that we can “cut” federal spending by $2 trillion over the next 10 years, and yet federal spending will still increase over that time by $7.5 trillion? Of course, the latter scenario would be the result of the debt-limit increase deal reached in Washington this week.

Both parties tell us that the debt-limit deal includes $2 trillion in spending cuts, and the national media dutifully reports that those cuts are […]

This column by ACRU General Counsel and Senior Fellow for The Carleson Center for Public Policy (CCPP) Peter Ferrara was published August 3, 2011 on The American Spectator website.

Last Friday’s report on economic growth for the second quarter of 2011 completes the burial of Obamanomics. The economy grew a paltry 1.3% for the quarter, with reported growth for the first quarter reduced from a meager 1.8% to a negligible 0.4%. The economy for the entire year so far has actually grown less than the weak growth we thought we had for the first quarter alone.

The growth for the fourth quarter of 2010 was […]