Debt Ceiling Debate Plunges Into the Absurd
You can begin to comprehend the desperation level of a particular party or ideological persuasion when the arguments that are posited leave the realm of logic and plunge into the…
The Future of Fiscal Irresponsibility
As Matthew Clemente pointed out in his last entry, the national debt will surpass GDP as soon as 2012. Unfortunately, it gets more frightening—according to the 2008 Financial Report…
Obama to Eliminate Tax Breaks
The president recently announced plans to crack down on what he calls “corporate tax abuses.” Â He is seeking another $200 billion out of companies over the next…