A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea
Debt / Economy / Fiscal policy / Politics

A Federal Balanced Budget: Not a Cure-All, but Definitely Not a Bad Idea

To all the people who believe that a constitutional requirement forcing Congress to pass a balanced budget every year will make the federal debt (and yes, there is a difference between a debt and a deficit: deficit being how much money we have to borrow per year, debt being how much money we have borrowed … Continue reading

Uncontrolled Debt, Unprepared Students. Regulations on Career-Colleges Attempt to Control the Trend.
America / Debt / Economy / Education / U.S. Domestic Policy

Uncontrolled Debt, Unprepared Students. Regulations on Career-Colleges Attempt to Control the Trend.

In May of 2014, President Obama proposed that the Administration take steps to address the large number of students who enroll in for-profit college career programs that graduate with little experience, skills that were less than spectacular and high amounts of debt. These programs are leaving students with little option but to default on their … Continue reading

The Affordable Care Act Aims High for Fiscal Irresponsibility
Affordable Care Act / Debt / Medicaid Expansion

The Affordable Care Act Aims High for Fiscal Irresponsibility

In budgetary terms, the Affordable Care Act (ACA) is anything but affordable. Though well-intentioned, it expands a poorly designed program and adds significant spending during a time of slow economic growth. This attempt to improve and expand health coverage to uninsured Americans is unduly expensive. In an already strained fiscal climate where the federal budget has reached … Continue reading

Economics Made Easy: Does the U.S. Have too Much Debt?
Debt / Economy / Fiscal policy

Economics Made Easy: Does the U.S. Have too Much Debt?

On Wednesday, January 25, Congress voted to raise the debt ceiling to allow more government spending until about May of this year. The sequester’s forced automatic spending cuts go into effect March 27th. Debt, spending, “fiscal cliff’, budgets, etc. keep Americans on the verge of a heart attack, and many find themselves wondering: how much … Continue reading

Let He Who Is Without Sin Cast the First Stone
America / Debt / Economy / Fiscal policy

Let He Who Is Without Sin Cast the First Stone

By Chris Hartline The American political system is broken.  Congress is broken.  Our representatives don’t represent us.  These are common refrains you hear particularly outside of Washington – though inside as well – and they possess some semblance of truth. The 112th Congress was the most unproductive Congress in 60 years and the 2nd year of … Continue reading