debt

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    8 in every 10 Americans are in debt

    Pew Charitable Trusts released a report which examined debt through the generations.  Below are some of the key findings from the report.  Click on this link if you want to read more details about the report. Key Findings 8 in 10 Americans have debt, with mortgages the most…
    Sarah Curry, July 30, 2015
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    How Much Debt does McCrory want to Issue?

    Last night in the State of the State address, McCrory laid out some of his plans for the upcoming legislative session.  Not surprising, he suggested issuing bonds to pay for transportation and he elaborated on his previously stated objectives of improving outdated state infrastructure.  What needs to be addressed is…
    Sarah Curry, February 5, 2015
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    NC’s Debt Picture

    Sarah Curry, February 4, 2015
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    Theory: any story with “trillion” in it contains more bad news for the American people

    That’s my operating assumption after just a little over a week into 2013 (examples here and here), though my concern is much older. Here’s the latest — an idea to “solve” the debt crisis by having the U.S. Mint print a trillion-dollar platinum coin. God…
    Jon Sanders, January 8, 2013
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    Reducing the deficit: a “balanced” approach won’t cut it

    In his recent speech in Roanoke, Virginia, President Obama has once again renewed his commitment to a balanced approach to shrinking the federal government’s fiscal deficit. So I’m going to reduce the deficit in a balanced way. We’ve already made a trillion dollars’ worth of cuts. We can…
    Garrett Hunter, July 26, 2012
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    Can Democrats give a little?

    Live Blog Wells Fargo economist John Silvia says the US is following the road to fiscal ruin set by Greece and Portugal unless government cuts back. Silvia told CNBC that the US must recognize that the moderate economic growth forecast by most economists for the country will…
    Joseph Coletti, April 7, 2011
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    Some Liberal “Advice”

    I always find it interesting when liberals give advice to conservatives on what conservatives should do to help the conservative movement. It's also interesting when they try to describe why conservatives think the way they do. Both of these phenomena were on display today over at the Huffington Post college page, along with a substantial amount of whining and hand-wringing. Keith William Neely, a liberal student at Vanderbilt, describes scary right-wing radicalism thusly: “At Vanderbilt for example, a local chapter of the radical libertarian organization Young Americans for Liberty has found limited success in putting on large events like the one on March 26th, where they prominently displayed the 'National Debt Clock' alongside photocopied images of Federal Reserve Chairman Ben Bernanke to illustrate the need for disbanding the Federal Reserve. At public events, they wear Guy Fawkes masks to advertise their presence, and have even been known to target conservatives with their extremist ire. At the recent IMPACT Symposium, members of the organization passed out leaflets pejoratively branding both Republican presidential candidate Tim Pawlenty and Weekly Standard founder Bill Kristol as 'neo-cons'.” Yes, they called Bill Kristol a neo-con! The horrors! A national debt clock, my stars, lawd-a-mussy!
    Duke Cheston, April 7, 2011