The first big line in the sand this year for Colorado's selected U.S. Senator Michael Bennet and not-so-senior partner Mark Udall was the vote in favor of the massive federal spending (so-called "stimulus") bill. Next on the docket is the poorly-named Employee Free Choice Act (EFCA), which would take away employee secret ballots in workplace election and impose costly binding arbitration procedures. … [Read more...]
How Deep is This Recession? Is It Really the Worst Crisis in 70 Years?
At American Thinker, Randall Hoven uses some firsthand research of federal statistics to turn down the volume on the alarm of economic "crisis". Hoven shows that while the current recession has not yet quite reached its peak, on several major measures it's not as bad as several others since World War Two:So simply going by averages, this recession should end this year, maybe even in this quarter or the next. If things go bad, or no worse than in the last 60 years, we might not pull out of it until late this year, with lousy employment figures lagging into 2010. By the way, none of the previous recessions was ended by the government spending a trillion dollars. Our current deficit is projected to be 7% of GDP or more. The deficit never … [Read more...]
Debunking “49th in education spending” Colorado Fallacy … Once Again
In a story about the new $18 billion state budget signed by Gov. Bill Ritter, a local Fox TV news station reporter stated:In education spending, the State of Colorado ranks 49th. Of course, this sentence is suspect from the start, because it doesn't tell us whether it's measuring higher education or K-12 education. If the article is referring to K-12 education, then it wasn't true two years ago, it wasn't true last year, and it isn't true this year, either. There are two reliable sources for K-12 education funding data. First, Statistics from the U.S. Census Bureau show Colorado ranks 36th in "current" per-pupil spending. The lowest possible ranking that could be devised shows Colorado at 47th in spending per $1,000 of personal … [Read more...]