budget

Budgeting for Productivity & Quality of Life

The following is an excerpt from our short course entitled “What Could Governments Do for Us?” In our previous posts, we discussed the difficulties faced by Congress and the president when deciding the best mix of taxation, spending, and borrowing. We also reviewed specific budgetary choices concerning liberty and justice, national security, the advancement of

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Making Budgetary Choices

The following is an excerpt from our short course entitled “What Could Governments Do for Us?” In this post, we discuss issues related to making budgetary choices. Previous posts dealt with issues related to taxation and borrowing and governmental capacity to get things done. The Constitution assigns Congress the powers to raise revenues, spend, and

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Connecting the Dots

Pundits haven’t yet fully connected the dots in front of them. Yes, presidential use of national emergency powers to spend money on things that Congress chose not to authorize is against the Article 1 of Constitution. Here is the other dot: the choice of president became more consequential as the Office of the President became more powerful. This trend explains why election campaigns have been fought ever more viciously – by politicians and citizens alike.

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