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Tag Archives: budget deficit
It doesn’t make any sense (IX)
The Philadelphia Inquirer October 20, 2013 This is a perfect analogy! Wouldn’t it be great if we could design budgets in which we only plan to spend what we take in?
Posted in Blogs On Current Affairs & Events, Economics, Leadership, Money, Political
Tagged budget deficit, credit cards, debt, taxes
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How Taxing Is It? III
Budgets need balancing; roads need repairing and CO2 needs to be reduced. All governments face these challenges. Is there anything that can address all three problems simultaneously? How about raising the gas tax? In the U.S., the federal tax on … Continue reading
It’s Not so Taxing II
Last month marked the 10th anniversary of the start of the Iraq war. Many commentators used the occasion to discuss the lessons that we should have learned from this ill- conceived foray that cost tens of thousands of lives and … Continue reading
Posted in Blogs On Current Affairs & Events, Leadership, Money, Political
Tagged budget deficit, debt, defense spending, Iraq, taxes, war
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How taxing is it?
“Heredity and environment play a role, but what really makes you what you are is Tax Policy!” This whimsical wisdom was offered in a comic in the March 18th issue of Barron’s Financial Weekly newspaper. Tax policy has long … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Health Care, Political, Uncategorized
Tagged budget deficit, diabetes, heart disease, obesity, soda, sugar, taxes
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Old Problems Need New Thinking
Over the past 18 months, Wide Angle Thinking has addressed a number of critical problems. The subjects included: pollution and global warming, terrorism and war, debt and deficits and health and health care. We also discussed a number of specific … Continue reading
The Coming Fiscal Cliff – Jump!
Federal Reserve Chairman Ben Bernanke coined the term “fiscal cliff” to describe the situation which will begin in 2013 when income tax rates rise and federal spending declines. The non-partisan Congressional Budget Office (CBO) forecasts that a recession will likely occur under … Continue reading
Time to Take Charge
Wideanglethinking.com has recently posted discussions about the U.S. budget deficit challenges. Current Federal budget policies put the U.S economy on an unsustainable path over the next decade—unless Congress and the president agree on spending cuts, tax hikes, or both. What … Continue reading
Posted in Blogs On Current Affairs & Events, Economics, Money, Political, Uncategorized
Tagged budget deficit, spending, taxes
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Offensive Defense
The United States spends more on defense – 40% of the world’s yearly defense outlays – than the next seventeen nations combined. In fiscal year 2010, the U.S. defense budget accounted for about 19% of the total federal budget and 28% … Continue reading