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dusanotes profile image53

It's The Horrendous Spending

This is an answer to an op-ed piece by Lincoln Mitchell of Columbia University in Thursday’s, April 16, 2009 Huffington Post. Republicans are at fault – they were wrong in assuming even if a liberal...

0 comments    obama taxes deficit spending
This is the Governor's plan on how to close part of the budget gap that exists for this year. Not the whole gap - only part. And not fix the budget for next year - but just close the gap for this year.57

A Repeat of the California Budget Mess

California is, once again, in a budget mess. The current budget is at least $11.2 billion out of balance. The next year's budget will be more out of balance. So the Governor called a Special Session and is proposing a plan to raise taxes, cut some spending, and reduce pay to state employees in order to fill the gap. But what about permanent solutions? None of those are on the table.

3 comments    finance politics government
successhub profile image68

Fed Chairman Ben Bernanke's Decision Leads to Hyper-Inflation- Its Impact on You

Federal Reserve Chairman Ben Bernanke made a significant announcement last week He said that the Fed will buy up to $300 billion in long term U.S. Treasury securities. In addition, it will...

0 comments    ben bernanke backup plan
Ralph Deeds profile image53

Greenspan is a Liar and a Fraud

Op-Ed Columnist Sad Alan's Lament By PAUL KRUGMAN Published: September 17, 2007 When President Bush first took office, it seemed unlikely that he would succeed in getting his proposed tax cuts enacted. The...

1 comment    politics economics federal reserve
How does this system work when one political party dominates all 3 branches? In short: it doesn't, to our own detriment.75

Fiscal Irresponsibility

Set aside, for a moment, the Republicans' disastrous Iraq strategy, its pandering to the most extreme religious elements in the country, and its surrender to anti-immigrant forces that have succeeded in...

7 comments    politics republicans
Ralph Deeds profile image64

The Tax Cut Con by Paul Krugman

Paul Krugman is a MIT trained well-respected academic economist who is now on the faculty of Princeton University. He writes a weekly op-ed political/economics column in the NYTimes. Tax Cut Con by Paul...

1 comment    politics economics deficit spending
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