David Strom
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The Bailout Culture
Believe it or not, it has only been a few weeks since the Administration and Congress created the Office of Financial Stability to manage the Troubled Asset Relief Program, or what normal people just call the “bailout.” In the intervening 6 or so weeks, Treasury Secretary Paulson and his crack staff have spent not one [...]
category: Commentaries, David Strom
Big Government 2.0
The political stars seem to be aligning for a liberal resurgence. Americans are as uncertain about the economy as they have been in a generation; the political success of the Democrat Party over the past two election cycles have bolstered the confidence of liberals that their message is a winning one; and the massive intervention [...]
category: David Strom, Limited Government
Ouch!
Minnesotans and the nation are facing one of the worst recessions in decades. And that means two things for government: falling revenues and higher spending. Revenues go down for obvious reasons. Wages, corporate profits, and sales all go down, and with them the taxes the government collects on them. And spending goes up because the [...]
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