Review: United States National Debt

One of the best graphical representations of the subject I have seen on the net.  In revision since 2003, Steve McGourty, has recently updated, September 21, 2008, this good work. Graphs include, “United States National Debt and the Presidents Responsible”, “United States National Debt 1791 to Present”, “Change in Average Revenue and Spending by Administration”,  [...]

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Uncle Sam’s Farm

 The price of the big bail out is going up faster than you can say “pow zoom, straight to the moon”.   Just last week they were talking about 100 billion,  a few days ago they were saying 400 billion, late yesterday, and in all the morning papers, 500 billion dollars.  Now it’s 700 billions dollars!  [...]

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High Oil Prices, Hallelujah Brother!

For the past 50 years or so it has been economically advantageous for manufacturers to partake in some fairly wasteful ways to make their products available to the American market.  Things like buying raw lumber to ship to Asia to be made into furniture and shipped back to the US to be sold. We are, [...]

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Economics 101

As we watch the governor and state representatives squabble over ways to pay for the 90 million dollar Medicaid shortfall, keep in mind the following: Taxpayers in Mississippi will pay $2.6 billion for total Iraq war spending approved to date.  That’s 2600 million. Taxpayers in Mississippi will pay $529.8 million for tax cuts for the [...]

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Economy literally hits the Sewer

A great metaphorical analysis of the American economic times. And, as a true sign of the American economic atmosphere, people up in Michigan are literally stealing the covers off of manholes to make a living.  How do we ever expect to maintain a functioning society with deeds such as this pervading the landside?  Jump to [...]

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