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Topic Archive for “Debt”

I’m Not Saying President Obama is Wrong but…

Wednesday, March 11th, 2009 : By Dan Miller

I’m not saying President Obama is wrong but… something really smells. While I am not a “conspiracy person” I have been astounded at the actions of President Obama. It seems clear to me that the present course of spending will drive this economy into the ground in the long-run regardless of any short-term benefit. It simply does not make sense that a very educated and naturally informed President would chart a financial course of action that is violently opposed to our free-market system. So I am asking for your help. I would like you to help me in striving for balance in my outlook. Does the following information serve as a …

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How Much Is 1 Trillion Dollars?

Sunday, February 8th, 2009 : By Dan Miller

Amanda Shaw collects the numbers on the price tag for the new “stimulus” plan:

Adjusted for inflation, here are some other massive expenditures:

* The Marshall Plan ($115.3 billion)
* The space race ($237 billion)
* The Korean War ($454 billion)
* The New Deal ($500 billion)
* The invasion of Iraq ($597 billion)
* The Vietnam War ($698 billion)

So the proposed “stimulus” package costs more than the Marshall Plan, the Korean War, and the New Deal combined.

Here are some thought experiments (some mentioned in video above):

* …

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Sound Economic Advice

Friday, October 10th, 2008 : By Hugh Williams

Saturday Night Live comes to the rescue with a sure-fire solution to our economic woes.

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