CBO Warns of New Recession
AUGUST 23, 2012
“The U.S. economy will hurtle into a recession if Congress fails to avert a series of tax increases and budget cuts due in January, the Congressional Budget Office said Wednesday, warning that a fiscal impasse would have consequences even more dire than previously forecast.” (Washington Post)
Recovery requires big cuts in taxes and spending!
FEE Timely Classic
“Does Government Spending Bring Prosperity?” by Percy L. Greaves Jr.