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Tag Archives: Federal debt
A Few Reflections On America During the Holidays
The video clip below is a patriotic medley that’s been a favorite of mine for several decades. I never seem to tire of it. In fact, I think we would all benefit if one greatly expanded it and its sentiments. What Can … Continue reading
A Tale of Two Retirement Systems
Are you old enough to begin to care about your retirement income? Well, if you are of voting age, perhaps you are. “What?” you say. “I need to start worrying about my financial situation at age 65 or 70, when I’m … Continue reading
Posted in Finance and Economics, Policy, Politics, Social Security
Tagged Baby Boomers, Federal debt, Retirement, Social Security
8 Comments
Obama’s Partisan Debt Reduction Plan
The President released his debt reduction plan today. Based on its contents, it is clearer than ever that he is more concerned about his reelection prospects than solving the nation’s economic and fiscal woes. President Obama again leads with his tiresome demonization … Continue reading
Bush vs. Obama: Federal Debt
Nearly three years after Barack Obama became president, many liberals still insist that Bush is primarily responsible for running up the national debt. While the federal debt did increase by $4.9 trillion on President George W. Bush’s watch, it did not increase at … Continue reading
Posted in Business, Finance and Economics, Media, Policy, Politics, Taxes
Tagged Federal debt, President George W. Bush, President Obama
22 Comments
Obama’s Fiftieth Birthday: Plenty of Celebration, No Results
Last Wednesday, President Obama attended a gala celebration in Chicago to celebrate his fiftieth birthday one day early. Attendees paid $35,800 a ticket to bask in the light of their Messiah, and to mingle with musical stars Herbie Hancock and OK … Continue reading
Posted in Business, Energy Security, Finance and Economics, International Security, Media, Policy, Politics
Tagged Bank failures, Bankruptcies, Budget deficit, Crude oil prices, Federal debt, Gasoline prices, GDP, Housing starts, Labor Force Participation, President Obama, Unemployment
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Stop the Insanity: Republicans Should Take the President’s Deal
I tend to group politicians in four quadrants: 1) liberal and pragmatic, 2) conservative and pragmatic, 3) liberal and ideological, and 4) conservative and ideological. To be blunt, I would rather support politicians in buckets #1 and #2, than those … Continue reading
Posted in Business, Media, Policy, Politics, Taxes
Tagged Budget deficit, Democrats, Federal budget, Federal debt, Federal deficit, House Republicans, President Obama, Republicans
15 Comments
S&P Lowers United States Debt Outlook to Negative
Today, Standard & Poor’s lowered its rating outlook for United States debt from stable to negative on the heels of the American government’s persistent dysfunction to reduce the deficit. The market’s reaction has been slightly negative to this news, even though … Continue reading
Posted in Business, Finance and Economics, International Security, Investing, Policy, Politics, Predictions
Tagged Budget deficit, Federal debt, Recession
19 Comments
Obama Debt Reduction Speech Rife with Class Warfare and Partisanship, But Good Start
To be frank, the first part of President Obama’s speech today at George Washington University was difficult for me to stomach. While the President gave a cursory nod to Ronald Reagan by acknowledging that America was a country of rugged individualists, he offered … Continue reading
Posted in Business, Defense, Education, Finance and Economics, Healthcare, International Security, Policy, Politics, Predictions, Social Security
Tagged Budget deficit, Federal debt
10 Comments
Obama’s Debt Reduction Plan
On Wednesday, President Obama will present his debt reduction plan to a university audience. According to The New York Times, the President will urge Republican lawmakers to join him in finding ways “to raise revenues and reduce the growth of popular … Continue reading
Posted in Business, Finance and Economics, Policy, Politics, Predictions, Social Security
Tagged Budget deficit, Federal debt, President Obama, The New York Times
10 Comments