Posts Tagged ‘government spending’

The problem with America is Americans

It has become all too easy to blame politicians for the condition of our nation, yet we give very little thought to our complicity as citizens considering we are responsible for who attains and retains the offices of our Government. We avert responsibility in favor of expressing platitudes of political corruption as if that is […]

Comments (1)

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 […]

Leave a Comment

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 […]

Leave a Comment

Resolving the National Debt fiasco

As the National Debt has recently soared past $14.3 trillion, it now seems that some in America are beginning to show a hint of concern while others still appear to have little interest in the matter. The debate is raging about taking concrete steps to reduce this debt as we face yet another increase in […]

Comments (3)

Paying down the National Debt

The mere fact that the United States has such a large National Debt should be a point of shame for all citizens of this nation. We should be embarrassed that we have chosen to live beyond our means for decades with hardly any effort to curb this behavior. To put it simply, this amassed debt […]

Leave a Comment

Acknowledging economic reality

Many people believe that practicing capitalism has failed us in society by bringing hardship upon common people due to the greed of the few that benefited at their expense. This is an economic system that is practiced among citizens and businesses operating in their own interest with the Government intervening through regulation and taxation, but […]

Leave a Comment

Whistling by the graveyard

It is with mild fascination that we watch the result of the debt and spending debacle unfolding in Greece along with its developing civil unrest. The struggles of that nation to accept the consequences of their past decisions combined with the responses from other anxious nations in the Euro zone with similar issues makes for […]

Comments (1)

Perspective on paying taxes

The majority of working Americans never have a chance to pay their taxes because they are deducted in advance of their paychecks being received. This is usually the case for everyone except a small percentage of people that are subject to paying estimated taxes through the year or any year-end settlements with the IRS. Being […]

Comments (1)

“Cash for Clunkers” courtesy of the simpletons

Hardly an hour goes by over the last few days without hearing about how proud and excited our Government is with the success of the Cash for Clunkers program. They initially appropriated $1 billion of funding for the program and have been completely surprised by the rapid acceptance it has received, and now they are […]

Leave a Comment

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 […]

Leave a Comment