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DAMNED LIARS AND SOCIAL SECURITY

…2025 the ratio will approach two. Roosevelt’s fear has materialized. Paying all benefits requires higher taxes, cuts in other programs or large deficits. This is intended to deceive. The ratio…

Trade intervention is good or bad??

…of high unemployment households are likely to be better off, not worse off, if there is a resulting contraction in the trade deficit, even if the cost of consumption rises….

Where is the Budget Crisis?

…$3.6 billion deficit is bogus. The alleged deficit is based on $3.9 billion in new agency requests for the 2011-2013 budget, a 7.2% spending increase. However, these are merely requests,…