Category Archives: Money

Our Budget Responsibility

The complexities and drivers of the federal budget are vast and intimidating to understand. However, it is very difficult to have discussions about our federal deficits and national debt unless…

Understanding the US Budget

The United States budget can be broken into two groups, DISCRETIONARY spending and MANDATORY spending.  About 7% of the budget is interest paid on our debt – which will only…

An Economy on the Rebound

When President Barack Obama took the oath of office on January 20, 2009, the U.S. economy was in free fall. During the preceding year and half, some of the nation’s…

Did President Obama Double Our National Debt?

Who is the bigger fool….President Obama for doubling our national debt?…or the individual who believes such a canard?  Like all political claims, the devil is in the details. More has…

Thank Romney for Underscoring Need for “Buffet Rule”

After losing the South Carolina Primary to Newt Gingrich, possibly in part due to his waffling at the pre-Primary debates about releasing his tax returns, Mitt Romney released his tax…

Communists Like Thomas Jefferson and Adam Smith

Conservatives often invoke our country’s Founding Fathers as well as prominent historical figures like economist Adam Smith, whose ideas about the “invisible hand” of free markets helped form the theoretical…

In accordance with current events…

A couple comments on this chart I created: – All years beyond 2011 are estimates.  The dramatic drop in 2013 is due to the reckless Bush tax cuts expiring.  The…

Education – Capitalist Style

Written in response to a challenge for privatized education and protection: Public schools would be replaced by private institutions driven by profit. In order to meet the demands of capitalism,…

Wake Up Middle Class!

With Obama’s plan to let the Bush Tax cuts expire in 2010, there has been an onslaught of media attention concerning his budgetary decisions. Phrases like “socialism”, “re-distribution of wealth”,…

The Republican Philosophy – One Giant Credit Card

Tax and Spend Liberals. If I had a nickel for every time I heard this phrase, I would be writing this post from an exotic hut with glass bottom floors…

What’s up (or down) with the gas prices?

Could our two oil executives who are running America actually have some impact on gas prices? Recent polls seem to suggest this idea, with the majority of American believing that…

Economic Report

The Economy is souring, everybody take a deep breath…but don’t get comfortable… A new report came out earlier this month reporting on the continual increase in economic measures. However, before…

A Moral Dilemma

“The test of our progress is not whether we add more to the abundance of those who have much; It is whether we provide enough for those who have too…

Economics Paper from 2004

Perhaps one of my passions (and an intragal part of politics and policy making) is economics. This paper was written three months before the 2004 election. (First two paragraphs of…