Another in the series. See part 1 here. If the politician or reporter says something about "our grand children having to payoff the national debt", it's totally bogus. The speaker is either ignorant, foolish or has a hidden agenda they want you to accept. Sometimes they use phases like "saddle our grandchildren with debt" … Continue reading How to Tell If the Politician or Reporter Is Ignorant, Foolish, or Has a Hidden Agenda – Part 2
Day: July 15, 2011
This Is No Movie Folks. It’s Real and It’s Scary.
I don't enjoy scary movies. Never have. I also don't enjoy scary "amusement" park rides.* I know I'm kind of a fluke in our U.S. culture this way. I just find that there's enough excitement, thrills, and fright in the real world if you just open your eyes. An example of real world things to … Continue reading This Is No Movie Folks. It’s Real and It’s Scary.
Arithmetic, Reality, and Dreams of A Balanced Budget
Apparently, the Republicans and Tea Partiers are insisting that the federal government budget be balanced immediately (the demand for no increase in the debt ceiling) and that it be done entirely from spending cuts (the "no tax increases" pledge) to discretionary spending. This is enough to demonstrate that they simply are not dealing in reality … Continue reading Arithmetic, Reality, and Dreams of A Balanced Budget
EconProph 