Entries in Public Debt (139)
Weekly Update from the
Josiah Bartlett Center
Keeping you up to date on our latest research
on the issues impacting New Hampshire
Starting in 2008, the governor and Legislature adopted a series of unusual practices that obscured spending decisions. As a result, the two gubernatorial candidates this year fight over what the facts really are.
Republican Ovide Lamontagne claims that Democrat Maggie Hassan raised spending when she was Senate majority leader and left the state with an $800 million deficit. She claims she balanced the budget and spending went down. A careful look behind the curtain shows that significant spending increases without the money to pay for them caused a huge deficit that forced the most recent Legislature to pass a significant correction... Click here to keep reading.
Crash Course at the Electoral College
Grant Bosse and Paul Westcott look behind the numbers in the last ten days of the 2012 Presidential Election, including which swing states are in play, how early voting could impact the race, whether the “Incumbent Rule” actually exists, and what happens in the case of an Electoral College tie... Click here to Listen
NH's Growing Debt Problem
Charlie Arlinghaus talks to Jack Heath about New Hampshire’s increased reliance on debt to finance its budget, and why it’s important in next week’s election. Click here to listen.
State-owned Cannon Mountain Ski Area will more than a quarter million in Fiscal Year 2012, after turning a profit for the first time in a decade in FY11. And that doesn’t include large capital construction subsidies provided by New Hampshire taxpayers. In all, New Hampshire taxpayers have put over $9.2 million into Cannon Mountain since the state began leasing out Mount Sunapee in 1999. Click here to keep reading.
Oct. 24, 2012
If Obama's own budget proposal were adopted - or even if we change nothing about current baseline spending - the nation will add another $10 trillion to the national debt over the next ten years, rising to $26 trillion. Does that threaten national security?
Move over Vegas!
States move to take the voting dead off the rolls.
The interrupting, display of arrogance and snide remarks by Barack Obama at the debates did a lot to help his opponent out.
If the Great and Wonderful "O" cannot get young people to come see him in person in a targeted electoral state, it bodes ill for his hopes for another four years of occupancy in the White House.
Oct. 8, 2012
With debts to GDP of 103 and 208 percent respectively, how are the U.S. and Japan only paying 1.7 and 0.7 percent interest rates on government borrowing?
Team Obama wants you to believe unemployment is below eight percent. Ha! Yeah right! Look around you, America is still in a world of hurt.
.3 percent drops in the unemployment rate are not that unusual, and defenders of the data are quick to point this out. In order to get this drop, the report shows that a huge number of additional people became employed in the month of September - 873,000 to be exact.
"It's a powerful argument, marred only by the fact that the $5 trillion tax cut is a fiction."
Oct. 3, 2012
Pimco's Bill Gross: "[The U.S. is] an addict whose habit extends beyond weed or cocaine and who frequently pleasures itself with budgetary crystal meth."
Did a video really set the Middle East aflame or is that just an excuse?
Sen. Graham: "I will do everything in my power to make sure not one taxpayer dollar is spent reimbursing companies for failure to comply with WARN Act."
"History is replete with Great Disorders in which currency debasement has coincided with social infighting and scapegoating. This debasement of currency also coincided with a debasement of society."