What happens if Biden wins the presidency? Let’s think about the situation. For the first 3 years of Trump’s presidency, the stock market was rising and the economy was growing. This masks many of the factors driving a sense of hopelessness in the country. Many Americans and the nation itself have unpayable debt.
Articles tagged as
Debt
“Large public debts imply a redistribution between current generations and future ones who cannot vote”
Another line of argument against austerity is that public debt is not really a problem. This argument is especially popular now, given that interest rates are generally very low, so debt is not expensive.
President Trump Announces End to Taxpayer Funding of Corrupt UN World Health Organization (WHO)
President Trump has announced that effective Friday, American taxpayers will no longer backstop the UN’s corrupt World Health Organization. A temporary freeze in payments will become permanent cutting off approximately 400 million a year is US support.
NH Received at Least $2.24 Million Per COVID19 Hospitalization – Where’d it All Go?
Last week we shared some data from Kaiser Health. In it, they reported how much states had received per COVID19 case (as of Mid-April). New Hampshire was pegged at 200,000 per incidence. But that struck me as the wrong way to look at it. The grave concern was hospitalizations, so what was the cost for that?
How to Stay on Top of Your Finances
Do you want to live a life totally devoid of money troubles and the stresses that they cause? If so, you must make a conscious effort to get and then stay on top of your finances. Once you have a tighter grip on the cash that comes in and goes out of your bank each … Read more
Are Most Fears About Budget Deficits Wrong and Dangerous?
Modern Monetary Theory (MMT) basically says most fears about budget deficits are wrong and dangerous. The federal deficit is projected to swell to $4 trillion this year. Republicans are nervous. Democrats are eager to spend trillions more.
The result each time is more government, more debt, less freedom
We have replayed this time and again… and time and again. First, the government causes a problem. Next. they declare the problem they are the cause of, a crisis. Then, the government raises taxes and usurps more of our freedom. The government then bills itself as the solution.
Coronavirus Bailout Money for Higher Ed Institutions
What did you spend for coronavirus bailout money for higher Ed institutions? Harvard decided not to apply for their $9 million share of the $2.2 trillion CARES Act. With an endowment of over $40 billion that is very gracious.
Debt, Deficit and Disease
A dispute is brewing about debt, deficit, and disease. Government spending has inflicted a multi-trillion dollar deficit in America. Recent reports are projecting the single year federal budget deficit will swell to nearly $4 trillion.
Reform the Postal Service
Democrats and U.S. Postal Service officials are seeking a $75 billion bailout from taxpayers. Bad idea. They are trying to use the coronavirus to hide the bailout. But the USPS did not wake up yesterday and find itself in need of a $75 billion bailout.
Shaheen’s 1.25 Billion in Coronavirus Money for NH Comes Up Short Compared to Vermont
Another trashbin bailout bill is making its way through congress. Democrats made fools of themselves blocking an earlier version to stuff it with unrelated left-wing garbage. But now that this sh*t show is on the road to the House Sen. Shaheen is claiming victory. Not so fast.
America has had its first-ever bond auction where there were no buyers…
You can pay me now or you will pay me later. That’s what your mechanic will tell you when you bring your car in. We pay for the maintenance now or we pay for the repairs later. But we are going to pay. The question is only how much and when. Is increasing national debt a good idea? And if so, how much is too much?
Federal Debt is a Moral Problem Caused by a Lack of Restraint
Is America’s economy really booming? Yes, the economic indicators all show the economy is booming. Sure, unemployment is at a record low. The stock market is seeing record highs. We can see wages are up, and taxes are down.
America must stabilize spending and reverse debt growth – That is the budget America needs
America must stabilize spending and reverse debt growth. That is the budget America needs. To accomplish the goal lawmakers must pursue bold reforms. An area where the president’s budget falls short is in addressing the growth of entitlement spending.
The Real Problem with Debt Has a Practical Solution
Last night a candidate for statewide office made a presentation. The candidate said deficit and debt should be a tertiary priority. This strikes me as myopic. Truth be told it made me a little angry.
You Can Pay Me Now Or You Will Pay Me Later But You Will Pay
There was a car repair shop commercial years ago which pointed out the dangers of not taking care of normal maintenance in a timely manner. If we keep our cars properly inspected and maintained we avoid more costly major repair bills.
Washington State ‘Free College’ Promise Collapsing Before it Gets Started
Giving away other people’s money is the foundation of Democrat Party Politics. You’ve been wronged, give us power and we’ll make sure someone else pays to “fix it.”
3 Things You Should Never Do if You Owe People Money
Before even getting into these three things that you really need to avoid if you are in debt to someone, here’s a little piece of pre-advice: Don’t land yourself in debt. It sounds kind of easy, but their debts can pile up quicker than you think. Whether it’s credit card debt, student debt, loan debt, … Read more
Lying Lizzie Is Going Carbon Neutral
Socialist broom rider Lying Lizzie says; in her reign, America will build no new buildings unless they are carbon neutral. That should be very reassuring to no one. There are no industry standards for carbon-neutral construction. This is political posturing, first last and always.
The Trillion Dollar Omnibus Returns
The trillion dollar omnibus spending bill returns! Hoo-ray! Omnibus:om·ni·bus/ˈämnəˌbəs/Learn to pronounce adjective 1. comprising several items. “Congress passed an omnibus anticrime spending package” (reformatted, Google Dictionary) Ah, a trillion dollar spending bill. It actually comes with a second part. Collectively, the two bills are two thousand three hundred and thirteen pages. 2,313. Congress critters are … Read more