Tagged: deficits

Uniformed populist drivel - not what the times demand.

Uninformed populist drivel.

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.

Who really sets the debt limit?

Bill and Marge have been hitting the VISA card each month to close the gap between what they earn and what they spend. Their reckoning is coming. The U.S. Government needs to learn from Bill and Marge.

S&P’s shot across the bow.

Yesterday, Standard & Poor’s issued a negative outlook on the sovereign debt of the United States. Thus the U.S. joins an ignominious pantheon of bankrupt companies and failed socialist states.

The debt: It’s time for leadership.

Ten years ago, in 2001, the existential threat facing the United States was radical Islamic terrorism. Say what you will about President George W. Bush, no one can credibly argue that he failed to address the threat. In fact, the bulk of the criticism leveled at President Bush stemmed directly from the actions that he took to address terrorism. Today, a decade later, terrorism remains a threat but it’s no longer the biggest threat. Economic...

Obama’s new pool house.

The president gave little evidence that he appreciates the severity of the country’s financial situation. It is not a stretch to say that the country faces its greatest crisis since World War II or even the Civil War.