Posts Tagged ‘debt’

More Stim

06Jul10

What goes unacknowledged in the Paul Krugman desire to see more stimulus spending is the poor use of the funds. Krugman’s Sunday effort blasted the Senate for failing to pass further stimulus in the form of unemployment benefits. “We’re facing a coalition of the heartless, the clueless and the confused,” he lamented. Obama didn’t fight […]


Stop Spending

29Jun10

Barack Obama, struggling to communicate any emotional connection to lives devastated by the Gulf Oil Crisis, could take some lessons from Rick Santelli of CNBC. It’s the same advice he’s ignoring from the American people.


The president says those who are complaining about deficits and debt are just bluffing. He suggests that next year they’ll be challenged to step up to the table and be ready to accept spending cuts. People should learn that lesson about me because next year when I start presenting some very difficult choices to the […]


Bad Forecast

21May10

Hot economist Nouri al Roubini isn’t optimistic about the economic outlook if the United States, among other countries, doesn’t get its debt situation under control. He’s calling on governments to cut spending and raising taxes, but doubts any one government has the political capital to do it. He recommends getting more into cash, and possibly […]


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Turning Greek

14Apr10

Charles Krauthammer discusses the future of the United States.


Big new taxes from the federal government are coming – the only way to close the enormous debt that the Obama Administration is running up. That’s the news from former Fed Chairman Alan Greenspan and Treasury Secretary Tim Geithner. Both Geithner and Greenspan, appearing on the same show, insisted that the economy would not collapse. […]