Air Date: June 3, 2011
Host: Jim Schneider
Guest: Robert Romano
Robert Romano is the Senior Editor of Americans for Limited Government News Bureau.
Robert pulls no punches on this edition of Crosstalk as he begins by noting that the stimulus has failed. The monetary expansion by the Federal Reserve, which was over 2 trillion dollars since the recession began; that has also failed. When combined, we’ve deficit spent and expanded the money supply by over 7 trillion dollars since 2007.
In contrast, he notes that nominally we’ve only had about 1.2 trillion in GDP growth. This means that for every $6.27 we’re borrowing, spending and printing, we have $1.00 of economic growth.
On this edition of Crosstalk you’ll learn:
–How regulators at the Environmental Protection Agency and the National
Labor Relations Board are actually destroying jobs.
–How our corporate tax rate compares with that of other nations.
–What the consequences might be if we don’t increase the debt ceiling.
–The troubling new regulations that are being issued by the Centers
for Medicare and Medicaid Services.
American’s for Limited Government