President Obama – Elevating Bush’s Inattention to Deficits to an Art Form
Here is a fine, uncompromising, and devastating take down of President Obama’s economic policies: Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger...
View ArticleObama on Solid Track to Top Bush’s Deficits
The AP reports Budget deficit tops $1 trillion for first time: The deficit of $1.09 trillion so far this year compares to an imbalance of $285.85 billion through the same period a year ago. The deficit...
View ArticleKeynesian Academics Unhappy About Record Deficits; They Want More!
Brad Delong seems to be coming to the realization that we are in a depression: For 2 1/4 years now I have been saying that there is no chance of a repeat of the Great Depression or anything like...
View ArticleThe Solution to Deficit Reduction – A Task Force … Yay!
As a response to its rampant and unprecedented budget deficits, President Obama is doing just what we would expect from a good old fashioned and clueless politician – he endorses a task force to talk...
View ArticleWhat’s the Problem With Government Budget Deficits?
Government Spending & Taxation A government is that group of people which periodically obtains goods owned by other people within a certain territory by means of theft, also called taxation. Since...
View Article“Solutions” to Deficits – The National Sales Tax
In my post What’s the Problem With Government Budget Deficits? I recently wrote: “Solutions” to Deficits As I explained, the ultimate damage caused by public budget deficits occurs at that point in...
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