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Students and the National Debt

by | 1:12 pm, April 30, 2011

An illuminating man-on-the-street video in which students at Stanford and Berkeley are asked to sign a pledge to pay their $47,000 share of the national debt, and to offer their own alternatives to spending reductions for trimming the federal deficit.

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Deal or No Deal

by | 5:49 pm, April 10, 2011

Boehner has squandered his advantage in the budget battle. Time to fire him.

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Governors Beg For More of Someone Else’s $

by | 11:01 pm, July 10, 2010

In reading about the National Governor’s Association meeting, I saw that Pat Quinn, Governor of Illinois, was leading the all-too-typical uninformed charge of history revisionists. Pat stated that “We need more help from Washington to protect against job cuts and health care cuts. If we don’t do that, we’re following Herbert Hoover economics.” My response [...]

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I Dare You to Actually Read the Budget

by | 11:49 pm, May 13, 2010

I read through some of “The Budget and Economic Outlook: Fiscal Years 2010 – 2020″, published by the Congressional Budget Office (CBO) in January 2010, by Doug Elemndorf, Director of the CBO.  Fascinating stuff… really… if you’re into horror stories. Given all of the recent talk about sovereign debt, potential downgrades of various countries’ credit [...]

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Downsizing the Federal Government

by | 12:15 pm, March 7, 2010

I’m beginning to understand that the real problem is not taxes–it’s spending.  I hinted at that on February 15 in my post Why eliminate tax breaks?
How do you do that?  Obama’s so-called spending freeze, which exempted just about everything, was purely political theater.  It wasn’t too many days later when he pledged billions to develop [...]

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Damn The Recession, Full Spending Ahead

by | 11:40 pm, December 12, 2009

Damn The Recession, Full Spending Ahead

This weekend Congress will vote to approve the final pieces of our country’s discretionary spending budget for fiscal Year 2010. Discretionary spending is all of the spending that Congress “appropriates” each year that is not already mandatory such as Social Security, Medicare, Medicaid, Food Stamps, interest on the debt, [...]

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