Retired General to Economists: Economic Stability Drives National Security – Real Time Economics – WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Retired General Carter Ham, former head of U.S. Africa Command, speaks out against across-the-board spending cuts at the National Association for Business Economics in San Francisco: \u201cMy least-favorite saying on the planet is to \u2018do more with less.\u2019 You don\u2019t do more with less, you do less with less,\u201d Gen. Ham said. \u201cYou have to … <\/p>\n
Continue reading “Retired general speaks out against across-the-board spending cuts”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,29],"tags":[121],"class_list":["post-8416","post","type-post","status-publish","format-standard","hentry","category-economy","category-the-big-picture","tag-across-the-board-spending-cuts"],"yoast_head":"\nRetired general speaks out against across-the-board spending cuts - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retired general speaks out against across-the-board spending cuts - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Retired General Carter Ham, former head of U.S. Africa Command, speaks out against across-the-board spending cuts at the National Association for Business Economics in San Francisco: \u201cMy least-favorite saying on the planet is to \u2018do more with less.\u2019 You don\u2019t do more with less, you do less with less,\u201d Gen. 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The net gain for households is $9.5b ! Reason #2 as\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52380,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/07\/rba-sits-tight-but-tax-cuts-threaten-rate-hikes\/","url_meta":{"origin":8416,"position":1},"title":"RBA sits tight but tax cuts threaten rate hikes ahead","author":"Colin Twiggs","date":"May 7, 2024","format":false,"excerpt":"The RBA Board announced today that it would leave the cash rate target unchanged at 4.35 per cent, deciding to sit tight for another month. Rising average tax rates -- through bracket creep caused by inflation -- have been doing some of the heavy-lifting in slowing the economy and curbing\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Government: Tax Cuts Ad","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2295,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/23\/economonitor-economonitor-solving-americas-debt-crisis\/","url_meta":{"origin":8416,"position":2},"title":"Menzie Chinn \u00bb \u201cSolving America\u2019s Debt Crisis\u201d","author":"ColinTwiggs","date":"November 23, 2011","format":false,"excerpt":"In principle, solving the nation\u2019s debt problems is easy. Almost all experts agree that a combination of reduced spending and increased tax revenues is needed. Cuts in spending and increases in tax revenues equal to about 5 percent of GDP are required to prevent an increase in the debt-to-GDP ratio.\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1560,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/25\/stimulus-spending-austerity-and-public-debt-james-galbraith\/","url_meta":{"origin":8416,"position":3},"title":"Stimulus spending, austerity and public debt: James Galbraith","author":"ColinTwiggs","date":"October 25, 2011","format":false,"excerpt":"Prof. James Galbraith on fiscal stimulus and public debt: [gigya src=\"http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf\" width=\"576\" height=\"324\" quality=\"high\" wmode=\"transparent\" allowFullScreen=\"true\" flashVars=\"vid=27057059&browseCarouselUI=hide&\"] Agree: Fiscal stimulus should not be a short-term program that will run out. The term should be 10 to 20 years so that business can make long-term plans. Stimulus spending should focus on\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5988,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/","url_meta":{"origin":8416,"position":4},"title":"Fiscal Cliff: Two Candidates, Two Approaches","author":"Colin Twiggs","date":"November 1, 2012","format":false,"excerpt":"By ERIC PIANIN and MERRILL GOOZNER, The Fiscal Times [Romney and Obama] agree that a stopgap measure is needed before January 1 to temporarily extend the raft of Bush era tax cuts and other measures set to expire. However, Obama has signaled his intent to veto even a few months\u2019\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6387,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/07\/clintons-spending-cuts-not-his-tax-hikes-worked\/","url_meta":{"origin":8416,"position":5},"title":"Clinton\u2019s Spending Cuts\u2014Not His Tax Hikes\u2014Worked","author":"Colin Twiggs","date":"December 7, 2012","format":false,"excerpt":"EDWARD MORRISSEY writes about Clinton-era nostalgia: In his eight years as President, Clinton reduced federal spending to 18.2 percent of GDP from 22.1 percent, thanks in large part to a Republican-controlled Congress that forced the issue....... Barack Obama managed to hike it 3.5 points in just one term, with 3.2\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8416"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8416\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}