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Before the federal government adopts a new self-image as "Spender of Last Resort," we should at least explore a less costly role for the government as an "Employer of Last Resort." Idled workers could be directly engaged by the government in advancing our nation's educational, environmental, energy and infrastructure needs. ...more
January 9, 2009
I have heard the term "tax" and "spend" used so derogatorily about the Democrats by many Republicans in their campaign spiels that I decided to find out the validity of the usage. That meant a little research into the federal budget about income, spending and related borrowing. After a little digging I wondered, maybe the wrong party was labeled taxers and spenders. Take a look at the results of the following information. What do you think? I quickly found that I could not limit the scope of this examination to the present situation, so I went back 40 years to 1967, it includes four presidents before the current incumbent (G.W. Bush.) These four presidents are equally divided, two from each party with one four year termer and one eight-year-termer. Dollars are in billions and are founded to the nearest Billion. ...more
November 1, 2008
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