With polarization has come intolerance: people abandon their friends and family when they seem to have the wrong political views.
Tag: budget deficits
Randall Holcombe | Wednesday September 5, 2018 at 2:00 PM PDT
William Shughart | Thursday July 22, 2010 at 7:02 AM PDT
Facing a budgetary shortfall of between $56 billion to $86 billion over the next two years, a recent article in the Wall Street Journal by Tamara Audi (“Cities Rent Police, Janitors to Save Cash”) documents efforts by municipalities across the nation to stanch red ink by outsourcing the “public” services they no longer can…
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Robert Higgs | Sunday March 1, 2009 at 8:46 PM PST
When Franklin D. Roosevelt was campaigning for reelection in 1936, his opponents began to call attention to the president’s failure to keep the promises he had made while campaigning for election in 1932. Roosevelt had promised, among other things, that he would balance the budget, yet in the fiscal years 1934, 1935, and 1936, which…
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