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The Federal Deficit is Not Caused by High Spending or Low Taxation
Lilly O'Donnell in National Debt 5 months ago
In fact, if you account for the fact that the economy isn’t operating at its full potential as we recover from the 2008 financial crisis, the deficit is right where it should be.
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- 15 Comments
- 4 Shares
Fiscal Cliff 2013: A Ten Year Plan To Get The US Out of Debt
Justin Curtis in National Debt 6 months ago
As the author was budgeting to avoid his own fiscal cliff, he discovered that the federal government's debt problem could also be solved by prioritizing in similar ways.
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- 72 Comments
- 0 Shares
Fiscal Cliff Vote: We Need to Jump Off the Cliff in 2013, Then Put The Pieces Back Together
Rick Mathews in National Debt 6 months ago
There is growing consensus that we should go over the fiscal cliff. That's good news. It's better than a lot of other options.
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- 27 Comments
- 1 Shares
Fiscal Cliff 2013: Negotiations Actually Start Better Than Expected
Douglas Goodman in National Debt 6 months ago
With just over six weeks left before the end of 2012, there’s not much time left to avoid going over the fiscal cliff. Will Congress allow that to happen?
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- 33 Comments
- 2 Shares
Fiscal Cliff 2013: These Fiscal Crises Are Even Worse
Rick Mathews in National Debt 6 months ago
The fiscal cliff pales in comparison to the insolvency of quickly pending for our entitlement programs. But this doesn't need to be our future. Simpson-Bowles offers a way out.
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- 54 Comments
- 9 Shares
Presidential Polls 2012: These 5 Graphs Prove America is At the Tipping Point With Its Debt
John Giokaris in National Debt 8 months ago
49% of households are on the government dole, 49.5% aren’t paying income taxes and 48% of our public debt is now held by foreign creditors. Unless we change paths in 2012, we're the next Greece.
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- 135 Comments
- 280 Shares
Obama vs Romney: US Debt Crisis is Fueled By Bad Politics, and Romney Would Only Make Things Worse
Travis Higgins in National Debt 8 months ago
Moody's negative outlook barely made news by restating what is already well known: The #1 risk to the U.S. economy is our paralyzed politics. What is less known is that there is a clear culprit.
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- 18 Comments
- 13 Shares
Bob Woodward Book Shows Obama Was Unprepared to Tackle the National Debt
Syra Sharif in National Debt 8 months ago
Bob Woodward's new book "The Price of Politics" is essential for understanding the talks which went on regarding the debt ceiling in 2011, and how Obama was unprepared for such economic struggle.
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- 6 Comments
- 3 Shares