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The United States National Debt -- 233 years in the making
A history of the United States National Debt, from 1788 to 2009, in text and pictures. Ponder the true foundations of this $12 trillion and growing debt, the changes in policy and values along the way, the personalities involved and those major events that precipitated such cost.
17 commentsAbout the National Debt/Deficit
Our nation’s debt/deficit is skyrocketing to staggering amounts that will be around for decades to come. As of now, the nation debt is at $11.5 trillion and the national deficit is $1.1 trillion. Since...
1 commentIt'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 commentsGreenspan 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 commentFed 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...
1 commentA 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 commentsFiscal 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 commentsThe 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...
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