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Late Night Political Humor

“All five living presidents met for a historic lunch at the White House this week ... The current national debt is estimated at over $10 trillion, which breaks down to about 35,000 dollars [more...]

Date: 2009-01-15 11:55:10

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"Adding a Trillion Dollars in Debt is Quite Manageable"

This is from an interview of Kenneth Rogoff: ...The Long-Term Consequences of Debt Region: Well, let's talk about the U.S. debt and its long-term consequences, in the context of the current economic crisis. The Stabilization Act authorizes $700 billion, some of which will contribute to the growth of national debt [more...]

Date: 2009-01-06 06:21:49


Government Binge Spending

As Washington’s attention has been focused on trillions of dollars in fixes for the current economic meltdown, ... the U.S. Treasury. By 2050, Medicare, Social Security and other costly programs will expand the national debt [more...]

Date: 2008-12-17 21:18:57


Economist predicts layoffs through 2010

Hahn The current recession will be the nation’s longest and deepest since the Great Depression, ... reductions in consumer spending. A continuing flood of home-loan payment adjustments that will result ... – and borrowing trillions of dollars to finance the difference. We have been on a 25 year debt binge [more...]

Date: 2008-12-26 12:59:06



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