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Tax Cuts, Wars Account for Nearly Half of Public Debt by 2019
Any rational proposal to address the serious issues surrounding the national debt needs to first examine the major causes of that debt. The Center on Budget and Policy Priorities provides updated evidence on the causes of the debt that will … Continue reading
Posted in Economy, Government, Taxes
Tagged Afghanistan, Bush, debt, Fannie, Freddie, great recession, Iraq, TARP, tax cuts, wars
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Federal Spending Problems? Follow the Money
There’s little doubt that one of the major problems our society must address is bloated federal spending. (Other blogs have focused on the tax problem.) The spending problem is usually focused on Medicare, Medicaid and Social Security. Far less attention is … Continue reading
Posted in Economy, Government
Tagged defense, economy, government, spending, U.S. budget, wars
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Video: Where Did the Debt Come From?
Here’s a link to a 3 minute video explaining and decomposing the sources of the national debt. Highly recommended. Click here.
Misplacing the Blame for Budget Problems: The False Narrative
The Economist View explains the false narrative of budget problems: “Bankers, with the help of their purse string controlled puppets in government, have been able to successfully blame our budget problems on social insurance and other government spending they oppose. … Continue reading
Posted in Economy, Government, Taxes
Tagged banks, banksters, budget, debt, deficit, entitlements, false narrative, housing policy, Medicare, private sector, public sector, recession, revenue, Social Security, tax cuts, taxes, wars
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