Deficit Archives - Granite Grok

Elections Have Consequences Like That 942 Million Dollar State Deficit

October 6, 2024 Steve MacDonald

Here at the ‘Grok, we’ve had the good misfortune of watching how Democrats create the need for new taxes in real time. This is important. Dems will run on a platform with no tax hikes or new taxes if they must, but these promises are empty. Once in charge, the first order of business is … Read more

Mass Deportations would Reduce the Deficit.

September 23, 2024 Steve MacDonald

If you are a fiscally conscious voter, we have some good news. Recent research by the Manhattan Institute suggests that border jumpers (no duh! moment approaching) represent a significant cost to taxpayers that their deportation would alleviate. The complete unroll is impressive (look here), but the gist is that the cost of illegal immigration is … Read more

raining money Image by 3D Animation Production Company from Pixabay

You Will Own NOTHING … And Be Happy

October 24, 2023 Ed Mosca

So mortgage rates have hit EIGHT PERCENT … thanks in large part to the UniParty spending frenzy on endless-wars and COVID. And there is no end in sight because the UniParty intends to continue deficit spending … which means the budget deficit is effectively being paid for through inflation, i.e. by devaluing the dollar, a … Read more

“Fiscally Responsible™” Maggie Hassan Helped Add 11.5 Trillion to the Federal Debt in Under 6 Years

October 6, 2022 Steve MacDonald

In 2016 when Maggie Hassa squeaked out a win over Kelly Ayotte for a US Senate seat from New Hampshire, the Deficit was at 19.5 Trillion. Given that Hassan is selling herself as a fiscally responsible™ tax-cutter, we might be able to discern the truth of that by looking at what the National debt is today. It just hit 31 Trillion.

Quick Takes – Hat Trick

October 3, 2021 NITZAKHON

Within I pick three topics upon which to discourse, but not worth a full-length examination as a standalone piece on their own.

Data Point – At what point does the rest of the financial world go “no mas”?

September 19, 2020September 19, 2020 Skip

The US Dollar is the currency of the world and has been for quite some time. Thus far, it has maintained that status even as our rivals (the EU to a degree; Russia and especially China) have tried a number of schemes to usurp that status. But as the US continues to borrow more and … Read more

Do We Really Want To Get Our Leadership From San Francisco?

September 3, 2020September 3, 2020 Ian Underwood

The San Francisco Bay Area is home to powerful progressive politicians. There’s House Speaker Nancy Pelosi and Governor Gavin Newsom. Yes, and don’t forget U.S. Senator and vice-presidential hopeful Kamala Harris. It’s producing a disproportionate number of influential political actors, all leftists.

When You Elect Leftists you Invite Violence

September 2, 2020
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Looking down the road to November we need to remember elections have consequences. When you elect Leftists you invite violence. When you elect Leftists you are voting to end America. You knew or should have known this.

New Hampshire’s Budget Deficit – Will it be $700 Million?

May 27, 2020

If you are watching the state budget you understand there is a lot of red ink. Revenues for March were off in the neighborhood of 15%. In April revenues were off more than 35%, actually closer to 40%. In May revenues will be off by about 20%.

Debt, Deficit and Disease

May 6, 2020 Percy Blakeney

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.

America has had its first-ever bond auction where there were no buyers…

March 22, 2020

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?

Data Point – The US has a SPENDING Problem, not a Revenue Problem

March 12, 2020 Skip

The United States has a SPENDING problem, not a revenue problem. So, how much did the US take in?

Shaheen’s 12 Years Equals $22.5 Trillion in Debt

The Real Problem with Debt Has a Practical Solution

February 13, 2020 Steve MacDonald

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

January 31, 2020

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.

Destruction of Our Constitution Death of the Nation

November 19, 2019

The subject of impeachment has always been accompanied by solemn pronouncements. We must invoke it sparingly and not for narrow partisan or political purposes. The use of impeachment is to be for extreme cases; to preserve the Constitution and the rule of law.

Feltes & Almy: Revenues Shrinking, So Let’s Increase Spending!

August 30, 2019

In a guest op-ed appearing in today’s Concord Monitor, Senator Dan Feltes and Chairman Susan Almy took pen to paper in another attempt to fool the taxpayers of New Hampshire.

Dems Run on Absurd Economic Ideas… Part 2 of 3

August 14, 2019

Leftists fall short in many areas. They are full of big, bold ideas. Ideas, most of which were on display during the last two Democratic 2020 presidential hopeful debates. It’s one thing to have an idea, but another to be able to transform it into reality. Economic reality Most of the big, bold ideas leftists … Read more

Republican Presidential Challengers Are Queuing Up

August 13, 2019

Data from the Treasury Department shows the deficit increasing by $120 billion in July alone. Most of the spending is going toward health services and the military. Congress and the Executive branch just agreed to remove the debt ceiling and further increase spending. The year over year comparison for the month shows federal spending up … Read more

Welfare… Whose Poverty Is It About?

August 5, 2019 Doris Hohensee

We launched the War on Poverty in the 1960’s. That’s more than half a century ago. The goal back then was to eliminate poverty in America. There have been several welfare programs. We have spent about $25 trillion on all the good intentions. Today the welfare system it is generally acknowledged to have utterly failed … Read more

Do It For The Kids

July 28, 2019

The recently announced spending and lift the debt ceiling deal is bad deal for Americans’ future. Congress continues to abdicate its responsibility manage the nations purse responsibly. It’s failing to protect the future of the nation. Congress refuses to discharge its constitutional duty. It is not keeping America safe from the economic and national security … Read more