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Entries in Public Debt (144)

Friday
Jun142013

ALG's Daily Grind - Does human nature compel overborrowing? 

June 14, 2013

Does human nature compel overborrowing?

If man always needs credit because of the need to grow and expand, and he is incapable of controlling credit and debt, then human nature is to indulge until it all collapses.

Virginia Republicans fail to protect tax-hiking incumbents

Two Virginia House of Delegates members primaried for passing the highest tax increase in the Commonwealth's history.

Liberalism is bankrupt

This worldview diagnoses government problems as merely a question of bad management or lack of funding, which is why federal government workers and contractors have become in the past decade some of the most highly educated and best paid people in America.

Bovard: The Reality of Feel-Good Government

"After nearly 20 years and billions of taxpayer dollars, AmeriCorps has little to show."

Sunday
Jun022013

CanKicksBack - Fmr. Gov. Mitch Daniels to Give "Tele-Commencement" Address on Millennials, Debt & Economy

 

 

 

 

 

 

Fmr. Gov. Mitch Daniels to Speak on the State of the Economy for College Graduates of the Class of 2013 and Young Americans

When: Tuesday, June 4 at 9:30 AM ET

Dial-in: 800-768-3591 | "Tele-Commencement" | RSVP

Who:

  • Mitch Daniels - President, Purdue University; former Governor of Indiana
  • Ryan Schoenike - Executive Director, The Can Kicks Back
  • Christopher Breene - Recent college graduate, University of Rhode Island
  • Emily Thuja - Young professional from Ithaca NY

What: Millennial unemployment stands at 11.1%, with many more young people underemployed and malemployed. This conference call will address the role that our growing national debt has on holding back economic growth and what needs to be done to fix the problem. The line will be open for media Q&A after the first 12 minutes of speakers' comments. 

About: The Can Kicks Back (TCKB) is a non-partisan, Millennial-driven campaign to fix the national debt and reclaim our American Dream. More info: www.TheCanKicksBack.org.

Saturday
May182013

ALG's Daily Grind - Deficit falls to $642 billion in 2013, but debt will still rise by more than $800 billion

May 17, 2013

Deficit falls to $642 billion in 2013, but debt will still rise by more than $800 billion

Don't forget about the government's direct and guaranteed loan programs, plus the growth of debt in the Social Security and Medicare trust funds.

Democrats Caving to Labor Pressure on Perez Nomination

ALG's Mehrens: "Perez has demonstrated time and again not only a strong willingness, but almost a zeal, to subvert the law to meet his own political agenda."

Oops, maybe government is tyrannical

Practically overnight people labeled conspiracy theorists by the elite were proven prescient interpreters of how big government operates when news broke last Friday that the IRS targeted conservative groups for special scrutiny in their tax-exempt applications.

Epstein: Watching Obamacare Unravel

"The 'Affordable Care Act' is becoming an unsustainable mess. It's time to scrap it entirely."

Thursday
Mar212013

NRSC - Shaheen Budget Will Hurt New Hampshire 

Shaheen's Support of Unbalanced Budget, Tax Hikes Will Cost New Hampshire Thousands of Jobs, Families Over $2,400 Each Year


WASHINGTON – Senate Democrats introduced their budget last week— the first time they have done so in four years.  The Democrat plan raises taxes, increases debt and spending and never balances. Ever. Senator Jeanne Shaheen hasnt ruled out supporting this disastrous budget, which Politico reported is to "the left of [President] Obama himself," and will cost the average New Hampshire family over $2,400 per year and the state an average of over 2,600 jobs per year over the next ten years according to a Committee Report.

The National Republican Senatorial Committee is calling on Shaheen to oppose the Democratic Senate Budget because of the devastating effects it has on New Hampshire families and the state:

“Support for this budget shows that Jeanne Shaheen believes that Congress spends money so well that families in New Hampshire should send even more of their dollars to Washington.  Not only is Shaheen likely to support a budget that never balances, it destroys thousands of jobs in New Hampshire and will cost the average family more than $2,400 each year," said NRSC Communications Director Brad Dayspring.
 

BACKGROUND

  • The Senate Democrats’ Budget Will Cost the Average Family in New Hampshire Over $2,400 each year. (Impact Of The Murray Budget, Senate Budget Committee Republican Staff, 3/14/13)
     
  • The Senate Democrats' Budget Includes $100 Billion In New Stimulus Spending. (Sam Stein, “Senate Democrats' Budget Includes $1.85 Trillion In Savings Through Mix Of Tax Increases, Spending Cuts,” The Huffington Post, 3/12/13)
     
  • The Senate Democrats' Budget Includes $1 Trillion in new Revenue (Manu Raju, “Patty Murray Budget: $1 Trillion In New Revenue,” Politico, 3/12/13)
     
  • The Senate Democrats' Budget Also Would Not Balance The Budget—Unlike Paul Ryan’s Plan.  (Manu Raju, “Patty Murray Budget: $1 Trillion In New Revenue,” Politico, 3/12/13)
     
  • On deficits & debt-to-GDP ratios, the Senate Democrats' Budget even underperforms the liberal Congressional Black Caucus budget (Comparing the Budgets on Spending, Revenue, Deficits, & Debt, The Committee for a Responsible Federal Budget, 3/15/13)

 

Saturday
Mar162013

ALG's Daily Grind - Germany's Green Energy Disaster: A Cautionary Tale For World Leaders 

March 15, 2013

 

Germany's Green Energy Disaster: A Cautionary Tale For World Leaders

Because renewable power sources have been so unreliable, Germany has been forced to construct numerous new coal plants in an effort to replace the nuclear energy it has taken offline.

It's not 'wacko' to question the government

Conservatives shouldn't just question why Obama should have the authority to use military force against U.S. citizens on U.S. soil, they should question why any President should have that authority.

What will the debt be in 2042?

If the debt continues growing faster than the economy, we're in trouble.

Breitbart.com: Caddell Unloads on 'Racketeering' GOP Consultants

Pat Caddell rakes the Republican consultancy class over the coals at the Conservative Political Action Conference (CPAC).