Free Republic

“Build Back Better is a spending orgy,” says Republican Sen. Lindsey Graham. pic.twitter.com/gj0qrmJOS1— Sahil Kapur (@sahilkapur) December 10, 2021

"The time has come," President Barack Obama told us in his inaugural address, "to set aside childish things." He borrowed the line from Corinthians. With the Beltway bread-and-circus show over, President Obama will now get to work on borrowing hundreds of billions of dollars from you, your children and your grandchildren for a doomed fiscal stimulus. As President Obama basked in the inaugural glow, a dark cloud of reality moved in over the Democrats' $825 billion plan to rescue the economy. The Congressional Budget Office crunched the numbers and concluded that a huge bulk of the federal spending orgy wouldn't...

Commentary Money for Nothing, or WorseAugust 24, 2005Robert Higgs Suppose you picked up your Wall Street Journal one morning and saw an article on the front page with the following set of headlines: “Ford Reports Its Current Models Have Been Bigger Busts than the Edsel; Ford Stock Soars 500 Percent; Investors Dancing in Wall Street.” Then, turning to the editorial page, you found the editors expressing the view that “in light of Ford’s announcement, Wall Street’s celebration is well warranted.” You’d be inclined to check the date, wondering whether an April Fool’s joke was being played. Bad news normally does...