The financial health of the government's two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.
Subscribe to:
Post Comments (Atom)
RECOMMENDED READING
- The Coming Generational Storm By Laurence J. Kotlikoff and Scott Burns
- Gray Dawn By Peter G. Peterson
- Running on Empty By Peter G. Peterson
Quotes
- “The US government has a technology, called a printing press… that allows it to produce as many US dollars as it wishes at essentially no cost.” – Ben Bernanke
- "Central banking is the most brilliant device of profit-seeking monopolists and oligopolists in human history. Nothing else comes close. Hardly anyone understands it, so there is no organized opposition." - Gary North
- "If our policymakers wait to address these growing debts until they are out of control, the solutions will be drastic and painful" Villarreal.
- "Obama's team employed one of the oldest budget tricks in the books — exaggerating economic growth — to hide the true cost of his tax and spending plans." IBD
- "Never allow a crisis to go to waste. They are opportunities to do big things." Rahm Emanuel
- "Obama’s Trillion Dollar Debt Plan is not a ‘change’ from Bush, it is Bushonomics on steroids." The Heritage Foundation
- "A stimulus bill should stimulate, not grow government" IBD
- "What we have done is kicked this can down the road; we are now at the end of the road and are not in a position to kick it any further" Obama
- "What’s good for the country my children will inherit?" Obama
- "Is it a safety net, or a hammock?" Lazarovici
- “If deficit spending stimulated the economy, with $2 trillion already out there, the economy should be performing like a double shot of espresso.” J.D. Foster
- “Whenever you bail something out, you have to take resources from people doing well. It’s a zero sum game.” Arthur Laffer
Links
Blog Archive
-
▼
2009
(414)
-
▼
May
(35)
- Early retirement claims increase dramatically
- Crisis In Social Security, Medicare Can't Come To ...
- Senior outrage over Social Security COLA
- Solving Social Security and Medicare
- Geithner says Obama, Congress will reduce deficit ...
- Deficit woes likely to dog dollar for some time
- Wall St falls on U.S. deficit worries
- They have been saving like never before.
- Rating threat to America's national debt
- Social Security - There is no locked box!
- Calif. voters say no to taxes as deficit cure
- U.S. Pension Insurer May Need Aid as Deficit Soars
- U.S. can't sustain current revenue, spending trends
- U.S. Insurer of Pensions Sees Flood of Red Ink
- Obama budget chief: As the economy starts to recov...
- Deficit Amnesia
- Obama Warns Of "Unsustainable" Deficits And Spiral...
- 81% Tax Increase
- Fiscal Suicide Ahead
- We are simply exchanging our economic crisis for a...
- Can’t We Wait Until 2037 to Solve That Problem?
- U.S. posts first April budget deficit since 1983
- Social Security and Medicare Finances Worsen
- Social Security and Medicare will run out of money...
- Adding to the national debt at a rate of more than...
- White House forecasts higher U.S. budget deficit
- Time for budget restraint
- Lack of increases could hurt Social Security recip...
- Craig Barrett on the Deficit
- Social Security, Medicare deficits portend inflation
- Defying predictions of the world's birthrates
- Would retiring at 70 help tackle our national debt?
- Boomers Lousy At Preparing For Retirement
- Obama's first 100 days all spending, taxing, borro...
- Obama Faces Challenges On Budget Vows
-
▼
May
(35)
No comments:
Post a Comment