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A balanced budget is key for America’s future
One of the most interesting developments is Larry Kudlow, who is a very, very successful commentator on Fox, who was the head of domestic policy for President Trump and who before that worked for Ronald Reagan in the White House in the 1980s. Kudlow is a very famous economist. And he now does a show on Fox TV, and has a radio show every Saturday, and he has decided that he’s going to make getting back to a balanced budget, a major part of his commitment.
Larry knows that when I was Speaker, we balanced the budget for four straight years for the only time in your lifetime. He also knows that controlling spending, reducing taxes, limiting regulation, leads to the most dramatic economic growth. And that the whole key to the Reagan system was to incentivize people to go to work, and to incentivize people to invest and create jobs. And the result was we had a very long stretch as Kudlow likes to point out, we grew at an average of three and a half percent a year for 50 years, because the system was working.
Now, when you go to high taxes, lots and lots of regulations, and you start going back, instead of heavy work requirements, you go back to giving people money while doing nothing. And then you tolerate huge amounts of corruption, you’re going to have a big deficit, you’re going to have an economy that slows down dramatically. And you’re going to have average everyday working Americans losing ground. That’s exactly where we are today.
And so I think you’re gonna find in the next few months, a growing interest in setting the standard of getting back to a balanced budget, a growing interest in genuinely reforming government and increasing awareness that you can’t have, you know, programs like California, which lost 20 billion, not million, $20 billion in unemployment compensation that was stolen. You just can’t afford that. And so I’m very intrigued because I’ve been very actively involved in both economic growth and balancing the budget. And I think that it’s a real key to the American future. I think you’re going to see it become a key part of our political discussion, and I’d keep an eye out for how that evolves.
Shocking election of Argentina’s Javier Milei an indictment of the Left
Argentina will be transitioning to a new far-right presidency when Javier Milei takes office on Dec. 10. The 53-year-old libertarian prevailed in a run-off election in November by advocating for radical changes to address the country’s economic challenges, marked by high inflation and a volatile currency. But Milei has only a limited number of congressional
Despite the joy they brought, the pandas are back in China
China recently recalled all panda bears from U.S. zoos, following years of rising tensions between the two nations. The panda bear is an iconic symbol of China and Chinese culture. Straight Arrow News contributor Newt Gingrich observes that this is devastating to all Americans who find panda bears cute, cuddly and adorable. The only upside,
In face of conflict, be thankful for what you have this Thanksgiving
Thanksgiving falls during a time of war and political strife this year. While the holiday is typically a time for families to come together and count their blessings, this year’s gatherings could come with an extra portion of discord. In fact, a recent poll reveals a majority of families have agreed to leave political talk
GOP must reframe abortion debate after Nov. 7 losses
The Nov. 7 elections brought sweeping gains and victories for Democrats nationwide, especially in battleground states like Virginia and Ohio. While Republicans did earn some victories, their strict positions on abortion cost them at the polls. Straight Arrow News contributor Newt Gingrich observes that Democrats won most in the states where they focused on pro-choice
Democrats are conspiring to keep RFK Jr. off the ballot
Independent candidate Robert F. Kennedy Jr. initially launched his presidential bid as a Democrat, setting up a potential rivalry with President Joe Biden. If he manages to secure a spot on the presidential ballot as a third-party candidate, both Republicans and Democrats are worried that RFK Jr. could siphon votes from their own candidates. Straight
Underreported stories from each side
UPenn loses $100 million donation after antisemitism hearing
13 sources | 15% from the left
Post-Roe, nearly 1 in 5 people seeking an abortion traveled out of state, analysis finds
10 sources | 0% from the right
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