Deficit Spending

Source: Uploaded by user via Paul on Pinterest

I fear Speaker John Boehner has boehned things up again. In a Wall Street Journal op-ed Wednesday, House Speaker John Boehner describes the upcoming sequester as a policy “that threatens U.S. national security, thousands of jobs and more.” Which leads to the question: Why would Republicans support a measure that threatens national security and thousands

After last night’s Hurricane Sandy relief concert, which raised $30 million from ticket sales alone, you may be wondering how the relief effort is coming along. Well, thanks to the American taxpayer, not too badly at all, at least from a financial point of view. Congress is set to drop as much as $80 billion

WASHINGTON (AP) — Facing strong fundraising from his Republican challenger, President Barack Obama and Democrats have spent more than they brought in last month as the president expanded his campaign operations and purchased millions of dollars in television advertising to compete with rival Mitt Romney. New campaign finance reports out Monday show Obama’s campaign spent

Welcome to Part 3 on Economics.  In Part 1 we discussed the coming meltdown in Greece.  Part 2 covered the aftermath of Greece and the probability of a fiscal crisis that will have far reaching effects throughout Europe and will likely make the 2008 US banking problems look mild.  Today, we’re going to take a