by J. Jerrald Hayes | Feb 15, 2020 | • Politics, Tax Policy, The 2020 Presidential Race, The Democrats
Who’s Afraid of Budget Deficits? The United States’ annual budget deficit is set to reach nearly $1 trillion this year, more than four percent of GDP and up from $585 billion in 2016. As a result of the continuing shortfall, over the next decade, the...
by J. Jerrald Hayes | Aug 15, 2011 | • Politics
With a Hat-tip to The Bad Thing About Cutting the Deficit Right Now. D-squared Digest — FOR bigger pies and shorter hours and AGAINST more or less everything else: Just to be clear on this, as I think some people are confused. The bad thing about cutting the...
by J. Jerrald Hayes | Jan 20, 2011 | Climate Change & Global Warming, Economics & The Economy, Energy
Via karoli’s blog on the CrooksAndLiars.com website we learn a stunning bit of information found in a speech given by John Kerry to the Center for American Progress: If the Clinton tax rates had remained in effect, the entire national debt would have been paid...
by J. Jerrald Hayes | Jun 12, 2009 | Economics & The Economy
I just came in from picking up the mail yesterday and caught the Radio America right wing radio host Greg Knapp talking ranting on CNBC about how bad Obama tripled the deficit. Tripled? Usally the figure I hear cited by the right wing ideologues is quadrupled and they...
by J. Jerrald Hayes | Nov 25, 2006 | On Liberalism, Quotations, Memes, & Lessons From Life, Recommended Reading
Some great quotes from William Greider author of The Soul of Capitalism : Opening Paths to a Moral Economy and Who Will Tell The People? : The Betrayal Of American Democracy to inspire our thinking: “If one benefits tangibly from the exploitation of others who...
