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Issues

Facts That Make You Cringe! – Issue 141

Wednesday, May 17, 2017

Liberals passed the Dodd-Frank Act to rein in the big banks they hate. At 2,300 pages plus 22,000 pages of rules, the huge cost of compliance forced more than 1,700 small banks to sell to or merge with big banks that could afford to comply.

So, thanks to bank-loathing liberals, the banks they wanted to cut down to size got even bigger!

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Facts That Make You Cringe – Issue 139

Wednesday, April 19, 2017

A 2014 Heritage Foundation analysis marking the 50th anniversary of the War on Poverty calculated that “today, government spends 16 times more, adjusting for inflation, on means-tested welfare or anti-poverty programs than it did when the War on Poverty started. But as welfare spending soared, the decline in poverty came to a grinding halt.”

– Jason Riley, Sr. Fellow at the Manhattan Institute, writing in The Wall Street Journal

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Facts That Make You Cringe – Issue 134

Wednesday, February 8, 2017

According to former U.S Treasury Dept. officials Carter & Christian, America’s marginal corporate tax rate is 14 points higher than the average rate in the 34 countries comprising the Organization for Economic Cooperation and Development. Add to that the U.S.’s taxing of repatriated foreign profits and it becomes obvious why American companies want to relocate abroad.

Editors’ Note: Unless you subscribe to The Wall Street Journal you may be unable to open the above link.

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Facts That Make You Cringe – Issue 132

Thursday, January 12, 2017

According to Joseph Rago, writing in The Wall Street Journal, “The post-1964 poverty industrial complex has grown to some 13 federal agencies that run more than 80 programs meant to aid low-income Americans, spending about $744 billion in 2016.”

According to Dave Boyer, writing in The Washington Times, “The poverty rate has stood at 15 percent for three consecutive years, the first time that has happened since the mid-1960s. The poverty rate in 1965 was 17.3 percent; it was 12.5 percent in 2007, before the Great Recession.”

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