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Tag Archives: deficits
BPR Quote of the Day: Deficits Don’t Matter
“Reagan proved deficits don’t matter.” Vice-President Dick Cheney, 2002
Goodness, Our Financial Sky is Falling!
If only there were a simple way to fix this nation’s monumental, complicated debt problem. Actually, there is. We just need to apply basic common-sense economics. Under President Bill Clinton our national debt rose from $4.2 trillion to $5.7 trillion, … Continue reading
Posted in economy
Tagged Bill Clinton, deficits, George W. Bush, military, Obama, taxes
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The Big Truths
1. In reality, compared to previous years and compared to the rest of the world, Americans are under-taxed. According to the Commerce Department’s Bureau of Economic Analysis, by historical standards, what we pay in federal taxes — rich, poor and … Continue reading
Which Party Controls Congress?
America’s wealthiest taxpayers couldn’t be happier. The top 2% got their Bush tax cuts extended for at least two more years AND got an even better deal on their estate taxes, getting the first $10 million tax free, and only … Continue reading