Archive | May, 1997

There’s been one balanced budget in the last 38 years (1969). In 1979, Congress passed the Balanced Budget Act making balanced budgets the law of the land. In 1982, a “concerned” Congress enacted what was then the largest peacetime tax increase in U.S. history. President Reagan signed it on’ promise that would enact $3 worth [...]

Let’s look at how pressure groups are able to impose their values and preferences on others in ways that restrict liberty. To make my case, I list several restrictions that have been, are, or are being sought such as bans: on handgun ownership, abortion, smoking in public and private places, school prayers, liquor sales, mandatory [...]