728 x 90

Chris Edwards

Author's Posts

  • Why Does New York’s Bureaucracy Cost So Much More Than Florida’s?

    Why Does New York’s Bureaucracy Cost So Much More Than Florida’s?0

    New York and Florida have similar populations of 20 million and 21 million, respectively. But state and local governments in New York spent twice as much ($348 billion) as governments in Florida ($177 billion), as discussed here. New York’s excess includes spending more on handouts such as welfare. Another cause of New York’s high spending is

    READ MORE
  • Aldi’s Owners Gained Riches by Cutting Prices

    Aldi’s Owners Gained Riches by Cutting Prices0

    Elizabeth Warren and Bernie Sanders continued to bash wealth in the Democratic presidential debate Tuesday night. They view wealth as a zero-sum – that people at the top essentially stole their fortunes from the rest of us. Sanders said, “And we cannot afford a billionaire class, whose greed and corruption has been at war with the working

    READ MORE
  • This County Discovered It’s Possible to Operate Debt-Free… and Its Citizens Are Reaping the Benefits

    This County Discovered It’s Possible to Operate Debt-Free… and Its Citizens Are Reaping the Benefits0

    The other day, I wrote about the disadvantages of state and local governments issuing general obligation debt. Those governments currently have more than $3 trillion in overall debt outstanding. Government borrowing enriches financial firms, encourages corruption, and magnifies the ultimate tax burden that citizens will bear for the related spending. It is prudent and practical for states

    READ MORE
  • Why Federal Debt Is Damaging

    Why Federal Debt Is Damaging0

    The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors. Federal spending in 2018 was $4,108 billion and tax revenues were $3,329 billion, so Congress financed 19 percent of its spending

    READ MORE

Latest Posts

About Intellectual Takeout

We provide a platform for rational discourse on all aspects of culture, inspiring action that leads to the restoration of a healthy and vibrant America.

Get In Touch With Us

Stay in the Know

Sign up for our Daily Digest email newsletter to receive intellectually engaging content and updates from our organization straight to your inbox.

Subscribe Now

Contact Info


Physical Address

8011 34TH Ave S Ste C-26
Bloomington, MN 55425

Mailing Address

PO Box 1244
Minnetonka, MN 55345

Phone

(612) 440-0205




Top
© Copyright Intellectual Takeout 2024