Posts Tagged ‘ deficit ’

Are We Broke? It Couldn’t Happen Here. Could It? (Part 4 of a Series)

April 7, 2010
By John
Are We Broke?  It Couldn’t Happen Here.  Could It?  (Part 4 of a Series)

(This is another in a series of postings about the size of US liabilities, their implications for our economy and personal wealth, and a path out of the mess we are in.) In prior postings of the “Are We Broke?” series, we discussed the impact the recession has had on household wealth, the rapid growth...
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Posted in Economics, Uncategorized | 3 Comments »

Are We Broke? Part I of Series

March 15, 2010
By John
Are We Broke?  Part I of Series

Over the next couple of weeks, Rough Truths will publish a series of columns that address the question “Are We Broke?” There is much talk in political, economic and banking circles about whether we are on a path to insolvency, what the debt means for the tax rates we will pay, what the implications are...
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Posted in Economics, Uncategorized | 2 Comments »

Thanks for the Party – May I Have a Doggie Bag?

March 13, 2010
By John
Thanks for the Party – May I Have a Doggie Bag?

The Federal Government set a new record for monthly budget deficits last month.  According to the US Treasury Department on Thursday, the Feds ran up a $221-billion deficit during February, 2010.  That’s just over $700 for every man, woman and child in the United States.  In one month.  Just 28 days.   Yes, that’s $700...
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Posted in Economics, Politics, Uncategorized | 2 Comments »

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