A reader had this to ask about my column on the shrinking federal deficit: You say: “…federal expenditures are up 19% since 2004, to a projected $2.7 trillion in fiscal 2007 (on the whole, this has been the most spendthrift Administration since Lyndon Johnson’s).” Yet, most programs that benefit or potentially benefit ordinary citizens have [...]
I shared my views on Halliburton and Dubai over in the Swampland comments section, and one reader asked: How is that possible? As I understand it, they are working on cost-plus contracts, which means their profit is built in. Now whether it is skimmed off for bribery and malfeasance is another question, but if they [...]
