What Paul Gregory is Writing About: We are Shutting Down Only Thirteen Percent of the Government (At Most)

Thursday, October 3, 2013

We are Shutting Down Only Thirteen Percent of the Government (At Most)

Eight cents out of every federal non-defense dollar represents a transfer from taxpayer to recipient. Entitlement transfers do not require annual Congressional approval. They can be changed only by entitlement reform, which is not on the table. We cannot, therefore “shut down” a federal government whose primary business is income redistribution.

go to forbes,com

2 comments:

AnonymousOctober 4, 2013 at 2:50 AM
[In politics, he who controls the rhetoric of political discourse wins.]

[Public opinion polls suggest that congressional Republicans will get most of the political blame in the wake of the partial shutdown of the U.S. government.]
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AnonymousOctober 8, 2013 at 1:10 PM
Republicans' "slim down" now is "plump up": Now 800,000 gov employees are not working but are getting paid!
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Who Am I?

Paul R. Gregory is a Research Fellow, Hoover Institution
Cullen Professor of Economics, University of Houston. He is also a research professor at the German Institute for Economic Research in Berlin. He is chair emeritus of the International Advisory Board of the Kyiv School of Economics. He serves as co-editor of the Yale-Hoover Series on Stalin, Stalinism, and Cold War. He has co-edited archival publications, such as the seven volume History of Stalin's Gulag (2004) and the three-volume Stenograms of Meetings of the Politburo (2008). Gregory is the organizer of the Hoover Sino-Soviet Archives Workshop that takes place in the summer at the Hoover Institution.
His recent publications include Lenin's Brain and Other Tales from the Secret Soviet Archives (Hoover 2004) and Terror by Quota (Yale, 2009).

Paul Gregory has a regular blog Forbes.com