The markets know that the piper must be paid.
The piper has arrived in Europe, seeking to be paid for 60 years of social entitlement spending. Everyone knows that the piper’s next stop is the United States.
The piper has arrived in Europe, seeking to be paid for 60 years of social entitlement spending. Everyone knows that the piper’s next stop is the United States.
Following 9/11Continental Airlines was in nowhere near the financial trouble the U.S. government is in now. Yet Continental’s CEO made dramatic cuts to his company’s expenses to ensure economic survival. No one in Washington is making any such proposal for the United States.
Aside from throwing out a number ending in the word, “trillion,” what specific spending cuts are any of Obama, Boehner, Reid, the “Gang of Six” or anyone else proposing? When does anyone propose the the U.S. actually spend less money than it is currently spending?
The 1978 Yankees staged a dramatic comeback to save the season and save their reputation. We Baby Boomers need something similar.
If the government stopped wasting money tomorrow, the country would still go broke. Such is the magnitude of the entitlement state.
Richard Nixon is regarded as one of the most cynical presidents ever. Yet even he might be appalled at the current president’s demogoguery on deficits and the debt ceiling.
Every chief executive and every business owner in the country has had to prioritize spending since the economy went soft in 2007. It’s what executives get paid to do. But President Obama refuses to make spending choices. He prefers vilifying successful Americans as a sop to his hard left base.
For a few days on vacation with my family in the Rocky Mountains of Colorado, the cool air, the absence of a television and a paucity of cell service worked to shield me from the constant drip of bad economic news. But of course, it couldn’t last.
Were it not for those greedy private jet owners refusing to pay their “fair share” of taxes America could solve its deficit and debt problems. So says the Demagouger-in-Chief as he avoids actually addressing the problem.
Under a government of laws, the head of government’s power to grant favors or exact retribution is supposed to be limited. Or so Boeing thought when it built an assembly plant in right-to-work South Carolina.
Defending his economic policies in an appearance on NBC’s Today Show, the president again revealed a near total lack of understanding about business and free markets.
President Obama gave a speech in Michigan in 2009 in which he challenged his critics regarding the economy to “give it to me.” Fine, Mr. President. It’s yours.
I doubt it ever will get fixed thanks to soft, touchy feely parents, (usually just one) and the government (AKA…
P.T. Barnum, the great American entertainment entrepreneur once said, "Once people stop buying tickets, they don't stop". This saying can…
One thing keeps coming to mind... When taxes become so high that people can not afford to live there and…
Democratic political thought has revolved around peddling free stuff for so long that they don't have any other tricks left.…
I have no idea when the spark of intelligence will fire, but I am not holding my breath!