There is no correlation between “Mandates” and Budget Deficits

By Dustin, on July 28th, 2010%

So often I will read deficit hawks rail against “Mandatory Spending” programs.  This completely perplexes me.  When looking at government spending, what is the point of looking only at Mandatory or just Discretionary.   The only difference between the two is if congress has to re-approve the spending every year.  That’s it.  So why do . . . → Read More: There is no correlation between “Mandates” and Budget Deficits

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The Two Types of Government Spending

By Dustin, on June 21st, 2010%

My first task towards understanding the federal spending is to find websites that might explain it for me. After quite a few fruitless google searches, I stumbled upon a pamphlet(pdf) created by the New York Fed back in 2000. The target audience of the pamphlet was kids which is great because it’s explaining things . . . → Read More: The Two Types of Government Spending

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