Democrats are at it again, playing Santa Claus with other people’s money.
Continue readingTag Archives: debt
Once you accept the premise that government can take money from citizens simply because they have “too much”, as we have already done with the graduated income tax, the “wealth tax” is not far behind. Story here: http://finance.yahoo.com/blogs/daily-ticker/taxing-wealth-answer-boosting-long-term-growth-dan-132914787.html … Continue reading
A great article that analyzes what happened between 2001, when the projections were for federal surplus off into the distant future, to today, when enormous debt threatens to swallow is. Read the article here. … Continue reading
The reaction of the Whitehouse to S&P’s downgrade of US credit rating is puzzling. Does the president believe that the debt situation in the US is sustainable? The CBO says that it is not. Does the president believe that S&P … Continue reading
In Washington today, we are seeing another crisis prompting a bum’s rush. With today’s debt limit “deal”, we are seeing yet another large bill that few people have even read, and fewer still fully understand. The voters have not seen … Continue reading
Dr. Roy Spencer has posted a great piece on the federal debt limit controversy entitled: “Compromise is not an option”. It is excellent. You can read it here. … Continue reading
