10 March 2010, 4:08 am
YOU GUESSED IT - claiming all Social Security payments as tax revenues! His real Deficit was easily a trillion dollars - especially when you figure in his under the table spending on the War and Medicare part D. i.e., Obama didn't triple or even double the Deficit. It went from 1 trillion to 1.6 ... Read More »
25 August 2009, 8:34 am
"Q Thank you. Senate Democratic leaders have painted a very bleak picture of the U.S. economy. Harry Reid was talking about soup lines, and Hillary Clinton was talking about the economy being on the verge of collapse. Yet, in the same breath, they say that Social Security is rock-solid and there's n... Read More »
5 August 2009, 1:02 pm
I can, and did. The federal budget has never decreased in the last 60+ years that I have found records for, not under Democrats, not under Republicans. (www.cbo.gov). The current budget is $3.4 Trillion. Generally, the GDP grows by 1% or 2% per year. During the 90s we had a huge technology boom and ... Read More »
5 August 2009, 11:25 am
Senator Reid, We as a country cannot tolerate the massive deficit spending you are supporting. We are practically broke as a country and printing money and getting in more debt to China or whoever else is not a responsible action. We need to let the free market level off and businesses go thur ba... Read More »
6 May 2009, 12:51 am
The left has learned a lot from their past immigration losses. Responding to Sen. Chuck Schumer’s (D-NY) immigration hearing last week, New Democratic Networks’ Simon Rosenberg unveils the left’s new talking points on the issue and they are amazing. We’ve responded to them below: 1) Illegal... Read More »
25 March 2009, 2:52 pm
In theory, floating exchange rates were supposed to allow economies to reduce trade deficits by letting the currency adjust. A weaker exchange rate would drive up the cost of imports and make exports more competitive, thus reducing deficits. Under fixed exchange rates, the economy would have to be c... Read More »
3 February 2009, 4:59 pm
WHO GETS WHAT: Taxpayers will pay stimulus costs AP News Tuesday, February 03, 2009 While lawmakers and economists debate whether the gargantuan stimulus package grinding through Congress will work, one thing is certain: It will create a hefty increase in the federal debt. And that will affect us ... Read More »
25 October 2008, 9:27 am
Seems to me, both Komrade Obama, and McCain BOTH voted to bail out wealthy international bankers on the backs of the American tax payer. Since the bailout, the stock market has continued to decline (as was predicted by many), the CEO's partly responsible for the mess are still getting huge golden p... Read More »
17 January 2008, 8:38 am
Nearly all of the current crop of presidential aspirants has tried to claim the mantel of “fiscal responsibility.” Democrats primarily use the term to call for rolling back tax cuts, ostensibly in hopes of eliminating the deficit, while Republicans refer to a return to spending restraint. Ye... Read More »
1 January 2008, 1:45 pm
The U.S. is so screwed financially from decades of deficit spending, All those yahoos in Congress that have put the screws to the next generation by promising the people social Security and Medicare and Medicaid .If you took into account all the entitlements promised for the next 40 years then ever... Read More »