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Entries in Public Debt (146)


AFP - The groundhog budget 

Haven't we seen this before? President Obama's "new" budget proposal looks an awful lot like the same big-spending policies we've struggled under for the past six years.

Like a bad version of Groundhog Day, if the President wants to propose serious solutions to our economic slump, he needs to do more than offer the same failed ideas time and again.

Tell President Obama: "No more failed policies!"

Action Button - Gold

The Obama economy has been defined by massive debt, stagnant wages, the largest wealth-gap in history, and the slowest recovery since the Great Depression. Since 2007, the median household income has dropped 8%, the labor participation rate is the lowest in a generation, and only a quarter of Americans say they are "better off" financially. The truth is, Obama's budget would only make things worse.

Over the next ten years, the Obama budget would increase spending by 65 percent ($2.4 trillion), hike taxes by $2.1 trillion, and grow the debt to  $26.3 trillion. The American people roundly rejected big-government policies last November. We can't afford to be stuck in his Groundhog Day of bad budgeting any longer.


Tell President Obama: We Can't Afford Wasteful Government Spending!

Thank you!

Brent Gardner
Vice President of Government Affairs
Americans for Prosperity


ALG - It's the debt, stupid! 


Sept. 19, 2014

Permission to republish original opeds granted. 

It's the debt, stupid!
Household debt has outpaced household median income for almost 40 years, and we're paying the price, the latest figures from the Federal Reserve and U.S. Census show.

Obamacare, the gift that keeps on giving for Republicans
Cancellations, botched exchanges, and rising premiums! Oh my!

Woodhill: Quantitative futility
"Evidence is piling up that the Federal Reserve, which has been conducting a rules-free, 100 percent discretionary monetary policy for the past 13+ years, simply Does Not Know What It Is Doing."




ALG's Daily Grind - No warmer now than it was in 2003 


March 14, 2014

Permission to republish original opeds and cartoons granted.

No warmer now than it was in 2003
The growth rates of carbon emissions have accelerated the past 50 years, so why haven't temperatures?

Does a $100 trillion total debt matter?
Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale.

Another Government Coverup To Protect GM?
"Are auto recalls nothing more than political tools now? The Obama administration's failure to act on reports of GM accelerator defects as the bodies piled up suggests that safety took a back seat to politics."


ALG's Daily Grind - It's time to throw big business off the Republican stool 


Dec. 20, 2013

It's time to throw big business off the Republican stool
Republicans just might discover that they are better off shedding the Party of the Rich label by throwing these corporate welfare, government leeches to the curb altogether leaving them to commune with those on the left who hate them.

Stop the presses! Fed taper won't stop its $75 billion a month money-printing
Instead of adding $1.02 trillion of treasuries and mortgage bonds to its balance sheet a year, the Federal Reserve has announced starting in January it will just be adding a "mere" $900 billion.

The power-mad EPA
The threat is the EPA, not mercury.

Hurt: D.C. gets the vapors, calls sequester too much
"[N]obody seems to be able to explain how the new cuts are just as severe as the old cuts yet equally unfelt."


ALG's Daily Grind - Merely delaying individual mandate will not fix Obamacare

Oct. 25, 2013

Merely delaying individual mandate will not fix Obamacare

The Congressional Budget Office was expecting 7 million people to enroll in the insurance exchanges. If they do not, the insurance pool will not expand and the premiums for everyone else are going to go to the moon.

A time for debt vigilance

Slow down! Ten years ago, the national debt was an astounding 6.8 trillion dollars, fifteen years ago, it was 5.5 trillion and twenty years ago, it was 4.4 trillion.  After all the accounting tricks ended, the 2013 fiscal year ended with just over a 17 trillion dollar national debt.

Are faux conservatives more dangerous than liberals?

If an alien landed and observed the state of political discourse, it could easily believe that Ted Cruz and a dwindling band of kooks are the most dire threats to our public life. 

CNN anchor: Obama administration threatens reporters' jobs

Carol Costello says the Obama administration "do[es]n't like you to say anything bad about their boss, and they're not afraid to use whatever means they have at hand to stop you from doing that, including threatening your job."