Tag Archives: deficit
Debtor Nation
Somehow the debate over raising the debt ceiling has been transformed into a debate about defaulting on America’s national debt. We have too much debt already. No one disputes that. So, the responsible thing would be not to take on … Continue reading
Filed under Finance
Come Back, America!
Now, here’s a guy who can make you wake up screaming. David M. Walker, former Comptroller General of the United States, was on the radio yesterday. He laid out exactly how broke America is, and what the consequences are likely … Continue reading
A Cautionary Tale
Bright young people in France aspire to join the social service. The “public sector” is where the cushy jobs are found, with fat salaries and benefits courtesy of French taxpayers. College kids in France do not create Facebook in their … Continue reading
Filed under Finance