Posts Tagged ‘deficit spending’

Obtaining a tax increase without consent

Election success for a politician becomes jeopardized upon the slightest mention of a tax increase due to the simple reason that such a policy seldom receives popular approval, so consequently the inevitable result is to find an alternative strategy to sustain spending. There exists a less painful way to attain the same objective without the […]

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Sanitizing printed money

With all the political discussion right now about the National Debt and the battle concerning the Debt Ceiling, it provides a good time to reflect on a few thoughts regarding deficit spending outlined by the following questions: Q: What is it called when the Government borrows money to cover the excess spending versus the revenue […]

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The partisan bipartisan consensus

Another day in the life of Congress leads to another exclusionary discussion regarding an expenditure of somewhere between a trillion or two (who’s counting) in the halls of our illustrious Congress. The absurdity of their ignorance is nothing short of astounding. They are working to saddle the American people with another expense that we simply […]

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Paying as you go should be a given

The Government collects a certain amount of revenue in the form of taxes every year to pay for its existence, yet it customarily spends much more than it collects and nonchalantly finances the difference with hardly a headline. This is an astounding occurrence in that the Government can spend anything it desires and any shortfall […]

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Our careless deficit spending attitude

It is hard to believe that an estimated $1.4 trillion deficit for Fiscal year 2010 along with trillions more in subsequent years is being proposed as if it should be even remotely acceptable. The popular position lately has been that we must take this action to save ourselves, and there are no other options being […]

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