Browsing All Posts published on »February, 2010«

Obama’s debt and the future of the american people

February 25, 2010 by

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“Fiscally, we are in uncharted territory.” — Warren Buffett, august 19, 2009  Understanding the debt  According to the budget summary tables published on the white house website (http://www.whitehouse.gov/omb/budget/fy2011/assets/tables.pdf) the American people paid 915 billion dollars to the federal government in 2009, will give the federal government 951 billion in 2010, and the current administration expects […]

my thoughts on taxation – government spending – budget deficit – US living standard

February 24, 2010 by

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Let’s talk about Government spending!  What do they do with our hard earned money?  Are we better off or worse off? ROBERT BRUSCA, CHIEF ECONOMIST, FACT AND OPINION ECONOMICS, NEW YORK “The President is very confused. He wants to speak about austerity but there is this budget bulge. I’m very skeptical.” The Budget of the […]

Social safety nets … at what cost?

February 23, 2010 by

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  Public provision of private goods comes at a great cost to our living standard.  The notion that social spending has a negative effect on economic activity has been the center of many public policy debates for nearly four decades.  The results of many academic research papers have consistently shown that public spending on social […]

Disclaimer

February 23, 2010 by

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Let me start by saying that the views expressed in this blog are my views and do not reflect any of the organizations or academic institutions  that i have been affiliated with over the years…  I hope you find what I have to say not only of great importance but also entertaining…  Feel free to […]