Category Archives: deficit

Let the Budget Fun Begin…

Posted on November 9, 2012 by ChrisA

From Drudge…

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Does American really owe $60 trillion (500% of gdp)?

Posted on October 26, 2012 by ChrisA

Bill Gross explains. Remember Michael Platt: “It’s very hard to have infinite faith in money when money is being created infinitely”

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Jeff Sessions: “For the President to say his plan will pay down the debt is one of the greatest financial misrepresentations ever made to the American people.”

Posted on September 23, 2012 by ChrisA

To pay down the debt requires a surplus. Under the President’s 10-year budget, there is never a surplus. The single lowest annual deficit is $543 billion. The annual deficit in the 10th year grows to $652 billion. Despite $1.8 trillion … Continue reading →

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Moody’s Text: To Downgrade US If No Deal To Cut Debt/GDP Ratio

Posted on September 11, 2012 by ChrisA

Hmmm, must have something to do with the debt to GDP ratio? I know, I know, it’s all the Republican’s fault and the media will blame any downgrade on the Republicans just like the Democrats tell them to. See two … Continue reading →

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“Something that can’t go on forever, won’t.”

Posted on September 10, 2012 by ChrisA

says Glenn Reynolds. We’re talking “the deficit” which has passed the $1 trillion mark for the fiscal year. Someone tell Clay “The Art of Apocalypse” Evans.

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1000 days tomorrow

Posted on January 24, 2012 by ChrisA

Since Democrats last passed a budget. In other news today, Obama announced that he will not meet the statutory deadline to submit his budget to Congress–again. Of course, no one is holding his breath awaiting the president’s budget proposal. Obama’s … Continue reading →

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The Markets opinion of the budget deal

Posted on August 3, 2011 by ChrisA

What a surprise… US debt deal alone won’t sustain AAA rating The US Stock Markets… And of course Gold…

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Neil Cavuto would like this guy…

Posted on April 19, 2011 by ChrisA

Robert Samuelson takes on both parties when it comes the deficit. It boils down to this… Our budget problem is conceptually simple. Government’s spending commitments, driven by more retirees and uncontrolled health costs, vastly exceed the existing tax base. There … Continue reading →

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Extreme Positions

Posted on April 3, 2011 by ChrisA

These “extreme” positions of the Tea Party Sen. Schumer so mockingly references are things like “don’t spend more than you take in” and “increasing debt doesn’t bring prosperity.” Or take this really “extreme” position — “I know better than government … Continue reading →

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CBO Estimates vs. White House

Posted on March 18, 2011 by ChrisA

According to CBO estimates, the White House budget estimates are “only” off by $2,300,000,000 over the next 10 years. Can’t wait to hear about this in the Daily Camera.  Are CBO estimate ignored if they don’t meet the narrative? Inquiring minds would like … Continue reading →

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