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Austerity Math Matters -- especially when it's Wrong

Math matters.  Lots of outcomes rest on its simple precision.Or lack there of.(CNN) -- NASA lost a $125 million Mars orbiter because a Lockheed Martin engineering team used English units of...

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Rogoff, Reinhart, Peterson

Austerity has many victims, but only few creators;  even some who can't even add correctly.Pete Peterson Linked Economists Caught in Austerity Errorby Mary Bottari, prwatch.org, Center for Media and...

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What is the Basic Level of Civilization we should be willing to Pay for?

During a discussion about IRS intrusiveness recently, I choose a moment to turn the conversation to the duty of Citizens to pay their Taxes. That is the price we pay for Society, I said, to some...

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The National Debt - Doing My Share!

I wrote to my local paper to ask them to stop printing every day how much each citizen owes the government to pay our national debt. They haven't done anything about it. It just gets very discouraging...

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Portland's ‘Suicide Bridge’ -- Too Pricey to Fix

In Portland Oregon, economic times are hard, elsewhere too I would assume. Good Jobs are hard find. Economic Futures are hard to predict. Sometimes social media support turns against you -- and...

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Paying for Infrastructure Repairs Without Adding to the Deficit

The United States is facing a number of increasingly serious economic issues, but political gridlock in Washington makes it nearly impossible for these problems to have any kind of resolution before...

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The Five Worst Reasons Why the National Debt Should Matter To You: Part One,...

I came across a post from the “Fix the Debt” campaign last month called “The Top Five Worst Reasons Why the National Debt Should Matter to You.” It's a post full of debt/deficit lies that cry out for...

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The Five Worst Reasons Why the National Debt Should Matter To You: Part Two,...

In Part One, of a critique of the most important of "Fix the Debt's" reasons for "Why the National Debt Should Matter To You," I asserted that high debt levels haven't caused high unemployment in the...

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The Five Worst Reasons Why the National Debt Should Matter To You: Part...

In Part One of this series, I considered “Fix the Debt's” claim that high levels of debt cause high unemployment and gave a few reasons why this is a false claim. In Part Two, I followed with a review...

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The Five Worst Reasons Why the National Debt Should Matter To You: Part Four,...

This is the concluding post in a four part series on the “Top” reasons why the national debt should matter. In Part One, I considered “Fix the Debt's” claim that high levels of debt cause high...

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Econ 101: Refusing to raise the Debt Ceiling is really like ...

The lack of basic understanding of Economics by average Americans, never fails to astound me. (As does the failure of the Media to educate the public on Economics too.)Here's a perennial case in...

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Stop the Sequester, Stop Job Loss, Act

In face of more previously scheduled Republican 'hostage-taking' -- otherwise known as Debt Ceiling Deadbeats bargaining session -- a Democratic Congressman has put forward a Budget Plan that verges...

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The Tea Party should know it's Losing Credibility when the Chamber of...

Quick someone remind me, isn't the House of Representatives responsible for paying our national bills.  Maybe Fox News should take a moment, and remind them of that?Dodge Default, Defund Obamacare,...

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Re: their Congressional Oath

The first Congress developed this requirement into a simple, 14-word oath:   "I do solemnly swear (or affirm) that I will support the Constitution of the United States."Oaths of Office For Federal...

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How to 'Cure' the National Debt Hysteria?  Re-link our Debt from GDP, to Revenue

I personally think much of what drives the Tea Patry hatred/phobia/hysteria over our out-sized National Debt-- is that they've visited one too many web-sites like this one, which are long on scary...

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Treasury Bill 'Fret Ceiling' Breached : 'Mr. Speaker, Wall Street On The Line...

Wall Street’s ‘Fret Ceiling’ Breached – Republican Party Seen In NeighborhoodMarket Pulse, Oct. 9, 2013, 4:15 p.m. EDT, Ben Eisen Fidelity sells off short-term T-bills on debt fearNEW YORK (Market...

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It's time to start using that R-word again

What R-word?The Revenue R-word.If the R's (Republicans) were really serious about solving our National Debt -- they'd be using that verboten R-word too.Washington, We Have a Revenue Problemby David...

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Debt Ceiling vs National Debt Chart

Click the link.  View the eye-opening Chart, and discuss if so inclined.Which presidents raised the debt ceiling by Pam Tobey and Darla Cameron, washingtonpost.com -- Sept. 24, 2013 My two cents:It...

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How every Congresscritter voted on shutdown & default (w/spotlight: Georgia)

Final vote in the US House on ending the shutdown and lifting the debt ceiling was 285 to 144:Republicans: 87 yes, 144 no, 1 not votingDemocrats: 198 yes, 0 no, 2 not votingIndependents: noneHow each...

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Another Clueless Media Mouthpiece: CNBC's Carol Roth on Real Time

This genius was on last week's Real Time with Bill Maher, so don't yell at me. Couldn't get the video until now. And even now their embed code sux - but check it our anyway.(The show is rerunning just...

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