December 11, 2012
McConnell, Republicans, Wrong On The Debt Ceiling
Last week, Senate Minority Leader Mitch McConnell either showed his lack of understanding of the debt ceiling, or he showed his lack of respect for Americans by lying about it.
December 11, 2012
Last week, Senate Minority Leader Mitch McConnell either showed his lack of understanding of the debt ceiling, or he showed his lack of respect for Americans by lying about it.
December 7, 2012
There are two things you should note about the “fiscal cliff” debate. 1. There’s an awful lot of hot air being generated for a paltry four or five point tax hike. 2. Republicans clearly are acknowledging that spending cuts, at least the ones they don’t like, will hurt the economy.
November 28, 2012
According to the BBC: People do weird things in their sleep, including eating, driving and oh yes, having sex.
November 16, 2012
Raising the top tax rate 4.6 points to 39.6% is a radical idea that will mean the end of capitalism and will fundamentally change America forever.
November 4, 2012
I know some will say this is a false choice, but I ask, what is more important, the economy or the deficit? The economy has steadily improved since the Great Recession but it has a long way to go to get back to a more historical norm for unemployment of around five percent. Since we know the economy is not yet booming, why are we so fixated on reducing the deficit and cutting spending? Many of the same people calling for spending cuts say we cannot increase taxes because it would harm the economy, but why do they think spending cuts will have no effect on the economy? In fact, many so-called deficit hawks say the deficit itself is harming the economy, which really makes no sense at all.
October 22, 2012
I know there is a line of thinking out there that posits once a president takes office, everything that happens within the federal government is under his control. This line of thinking was no less false when Bush was president then it is now when Obama is president. It’s not about blame, it’s about facts, and when it comes to the federal budget, and more specifically the year-after-year trillion-dollar plus deficits, it seems people need a few lessons.
October 12, 2012
This article is intended to state facts, not sugarcoat reality. The federal budget deficit is massive, even if adjusted for inflation.
October 11, 2012
In his Wall Street Journal piece, (“Obama and the L-Word“), Daniel Henninger says “liar” is a “potent and ugly word with a sleazy political pedigree.” He says calling someone a “liar” crosses a line and it “suggests bad faith and conscious duplicity.” Crosses a line? Sure, if you are lying about someone lying. But calling someone a liar “suggests bad faith and conscious duplicity”? Well yeah, that is the point isn’t it?
September 25, 2012
Mitt Romney is not offering many details when it comes to his tax plan. He and Paul Ryan want you to trust them on the specifics. That’s for after the election, according to team-Romney. Here’s the 10,000 foot view on Romney’s tax plan for individuals according to MittRomney.com:
September 21, 2012
The Hill reports that 28 members of the Democratic caucus, including majority leader Harry Reid, have signed a letter in opposition to Social Security cuts as part of a deficit reduction plan. The letter was a product of Senator Bernie Sanders (I-VT), Senator Al Franken (D-MN), Senator Mark Begich (D-AK) and Senator Sheldon Whitehouse (D-RI).