Category Archives: deficit

Where’s the captain of this foundering ship?

Posted on September 25, 2011 by

Americans struggling for answers find themselves caught between a president who can’t seem to keep his focus on the country’s overriding problem of joblessness and a political opposition captive to extremists. It’s a scary place to be in a violent … Continue reading →

Posted in American Jobs Act, deficit, election 2012, jobs, Obama, Republicans, Uncategorized | Tagged , , , , | Leave a comment

A billionaire comes clean on unjust tax breaks for the rich

Posted on August 15, 2011 by

Thank you, Warren Buffett. There’s no better way to understand the injustice of the American tax system than to read the story of one of the richest men in the world. Today, in a New York Times opinion piece titled … Continue reading →

Posted in class warfare, deficit, economy, taxes, Uncategorized, warren buffett | Tagged , , , | Leave a comment

Class warfare? The wealthiest wage it relentlessly

Posted on August 14, 2011 by

Extreme income inequality causes a cultural separation that is unhealthy on its face and corrosive over time…. It is hard to imagine an adequate answer to the problems we face that doesn’t involve greater redistribution of wealth. “Can the Middle … Continue reading →

Posted in class warfare, deficit, economics, economy, taxes, Uncategorized | Tagged , , , , | 1 Comment

Putting America’s future in the hands of the class dunce

Posted on August 8, 2011 by

So let me get this straight: I’m going to see many thousands of dollars in my retirement portfolio wiped out today because an arguably incompetent ratings agency called Standard & Poor’s decided to downgrade the U.S. debt? That action raises … Continue reading →

Posted in debt downgrade, deficit, defitics, global economy, S. & P., Uncategorized | Tagged , , , | Leave a comment

Reported ‘deal’ reads a whole lot like Democratic capitulation

Posted on July 31, 2011 by

News sources are reporting a ‘deal’ between debt-default negotiators that, if passed, reads to me like a massive capitulation by the Democratic Party to the Tea Party ransom demand. That Americans want something to happen is clear from the volume … Continue reading →

Posted in debt ceiling, debt default, deficit, Uncategorized | Tagged , , , , | 1 Comment

Why traditional news reports are fast becoming irrelevant

Posted on July 30, 2011 by

By recounting vanilla “facts” in a contextual vacuum, American news reports too often distort political debate and mislead the public. It is a point columnist Paul Krugman made eloquently Friday in a column titled “The Centrist Cop-Out.” “The cult of … Continue reading →

Posted in debt ceiling, debt default, deficit, fair and balanced, new york times, news media, newspapers, Uncategorized | Tagged , , , | 5 Comments

Cowards, zealots and the poor excuse we call government

Posted on July 28, 2011 by

“Democrats in retreat,” reads a headline today at politicalwire.com, the lively web site of Taegan Goddard, author of the book, “You Won — Now What?” He then goes on to recount a series of retreats by Democrats in the debt-ceiling … Continue reading →

Posted in debt ceiling, debt default, deficit, Obama, Tea Party, Uncategorized, wealthiest americans | Tagged , , , , | Leave a comment

Solving the budget deficit is not rocket science

Posted on April 13, 2011 by

Why and how did the shrunken tax rates of the George W. Bush era become sacrosanct? They did not create jobs. Instead, along with two unfunded wars, they sank this country into a level of debt that’s not only crippling … Continue reading →

Posted in budget, deficit, media coverage, taxes | Tagged , , | Leave a comment