I’ve often compared various administration’s fiscal records. The honest way to do so — the only honest way – is to consider budgets that a president requested from Congress and then signed into law. Budgets are passed during the prior year, so while Reagan entered office in 1981, his first budget was in 1982. Reagan’s fiscal record [...]
Just ten years ago this country was running huge surpluses and paying off its debt. But then we elected Obama and all hell broke loose. Oh, wait…
Between the time ten years ago when we had big surpluses and were paying off the debt and now when we are told the [...]
When you sell the farm, the farm’s gone.
Is it already too late for America? I’m starting to think that the anti-tax, anti-government conservative movement that started in the mid-70s, elected Reagan and led [...]
In the middle of the DC frenzy over a contrived “debt crisis” a new, major poll shows what other polls have shown: voters want Washington to act on jobs (and jobs fix deficits), especially in manufacturing, but don’t think that our elected officials are paying attention. By more than two-to-one, voters want Washington [...]
The conservatives are following up on their decades-old plan to use tax cuts to create terrible deficits, and then use the resulting “debt crisis” to cut government. But cutting government doesn’t mean the costs go away, it means that we each have to bear those costs ourselves, [...]
Our deficit and debt came from cutting taxes on the rich and big corporations, increasing military spending and sweetheart deals with big pharma and health insurance companies. Elite “solutions” always involve cutting back what We, the People do for each other while keeping taxes low for the rich and big corporations. The latest “Gang of [...]
When we hear about the deficits we hear a lot of scare stories, which most “serious” media just echo and amplify. The prevailing “serious” narrative we hear is that we must cut entitlements — any “serious” budget proposal cuts Medicare and Social Security. Even though they just extended tax cuts for the rich the deficits [...]
There is a deficit of jobs AND the deficit is jobs. The public is so much smarter than the geniuses in DC. Washington talks about the deficit but the public knows that the deficit is jobs.
That huge deficit jump to over a trillion that happened in Bush’s last budget (2009) changed [...]
The Economist notes the irony of the GOP’s abomination of a budget plan being called “serious” and “courageous” while a truly brave proposal that would actually, you know, decrease the size of the national debt is largely ignored.
First, a quote from Matt Miller: “Mr Miller’s column notes that ‘the Congressional Progressive Caucus [...]
Did Koch Industries write the budget deal? Or is it just a coincidence that so many of the the things Republicans demanded — and got — just happen to line up with the financial interests of the billionaires who fund the Tea Party and much of the “conservative movement?” Cutting money for the EPA, alternative [...]
I’m writing a series of posts as a blogging fellow for the Strengthen Social Security Campaign, a coalition of more than 270 national and state organizations.
Here’s what they say:
Some senior Democrats are claiming that Social Security does not contribute “one penny” [...]
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