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Indebted to you
If you look in the lower right corner of this page you will find a link to the national debt clock. WARNING viewing this site may have a negative impact on your ability to sleep at night. We seem to be...
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The liberal pocketbook
I continue to ponder the mind of the liberal. While his goals always are lofty and well meaning, socially moralistic and cloaked in compassion, they are also absent a base in reality. More disturbing...
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See where Medicare costs are headed and what it means for federal deficits
The following is from the website of the Congressional Budget Office (CBO). It very succinctly states the problem that is facing our government. The problem is obvious, the cost of Medicare is...
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Threatening politicians if they cut Medicare, it’s not only the elite who...
Lobbying by any other name Twenty-six year old history majors are protesting on Wall Street, the influence of the wealthy is decried, lobbyists are bedeviled and yet when a politician even thinks of...
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Managing the deficit is not on anyone’s agenda
Hundreds of millions in savings from winding down the Iraq and Afghanistan wars and we immediately find new ways to spend the money, not reduce the deficit or balance the budget. And it's not even my...
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Deficits push cities to desperation
An article in the New York Times relates the tough times faced by many New York cities trying to cope with budget deficits caused in large measure by employee pension costs and retiree health care...
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A simple truth to remember on election day-reducing deficit and debt
“Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.” Milton Friedman Today’s policymakers see borrowing as a good thing to achieve...
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Taxes and the fiscal cliff
Ok, let’s be honest taxes are a necessary evil. Americans could not live as they do without taxes. You need taxes for any number of essential services from public safety to transportation to national...
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Memo to Republicans: Obamacare is here to stay … get over it and let’s have...
Blah, blah, blah2013 Listens up tea drinkers or party or whatever you are, pay attention Limbaugh and company, Obamacare is the law, it is never, ever being repealed or significantly cut back, so get...
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After the deficit crisis, Obama sets his priorities
2013 One would think that immediately after going through a budget/debt crisis the President’s top priority would be to get our fiscal house in order. That includes short and long term issues and most...
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The federal budget
2014 With the release of the Presidents budget today you are going to hear a lot about federal deficits and debt. Following is the current state of the federal debt. Intra-governmental debt is debt...
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The unenviable path of the United States
The good news from our politicians is that the current budget deficit is only $500 billion or as I like to say, a half trillion dollars. The really good news is that the Congressional Budget Office...
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CBO’s Projection of Federal Interest Payments – CBO
Deficit, debt, interest payments; no problem‼️ While the annual deficit has declined slightly in the last few years, that’s only part of the story. The debt is still growing and the interest paid on...
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“Medicare and Social Security Costs? Out of Sight, Out of Mind”
Think Read the following excerpts from a recent article in the WSJ. You should be concerned about what it is saying. And what is that? Well simply that your elected representatives from both parties do...
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Debt Is Good – The New York Times
Paul Krugman is an interesting character; a political animal applying logic that ignores the political animal. Here is a quote from a recent NYTs opinion piece. His logic sounds pretty good, in fact I...
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Inequality and you
One thing is certain, we are not all equal. Most of us make an average income, some make little and even fewer make a great deal. What should we do about it? The logical answer seems to be to help...
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Some Actual Facts On Government Spending
In the next several months you will hear a great deal about raising taxes, lowering taxes, spending, interest rates, federal deficits and debt. Much of what you will hear will be inaccurate or...
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Social Security does not contribute to the federal deficit … WRONG
Listen to Bernie Sanders (and others) and you will hear his claim about Social Security is not affecting the federal deficit. He is either sadly misinformed or intentionally misleading the public....
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Deficits push cities to desperation
An article in the New York Times relates the tough times faced by many New York cities trying to cope with budget deficits caused in large measure by employee pension costs and retiree health care...
View ArticleClik here to view.
A simple truth to remember on election day-reducing deficit and debt
“Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.” Milton Friedman Today’s policymakers see borrowing as a good thing to achieve...
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