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Archive | May, 1997

Will There Be A Balanced Budget?

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 [...]

How To Restrict Liberty

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 [...]