Tag Archives: debt

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 have mercy, that’d be a “solution” akin to the oldContinue Reading

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 make another trillion or trillion-two, and whatContinue Reading

Can Democrats give a little?

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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 substantialContinue Reading

Fiscal realities

Live Blog best online jobs injectable steroids Clive Crook in this morning's Financial Times forgets how we got to this point in state and federal budgets. The federal stimulus was mostly absorbed in offsetting the automatic tightening of fiscal policy by individual states, whose borrowing is strictly constrained. … Now the federal stimulus is runningContinue Reading