Articles tagged with: Gross Domestic Product
The Time Has Come to End U.S. Deficits
A whole lot of middle class Americans, who have been watching the value of their 401K retirement plans go up and down like yo-yo’s over the last four years, are beginning to look fearfully toward Europe for a sign of what might be in store for the U.S. Unfortunately, the picture isn’t very pretty. Much like the U.S., European countries …
Our “Economic” Ship is Sinking in Red Ink
According to recent estimates, the Federal government of the United States is now facing a $1.5 trillion budget deficit for the coming year. This astounding number is in addition to the $125 billion budget shortfalls being experienced by the states. In fact, the month of February, by itself, racked up a record-breaking federal deficit of $225 billion. America’s financial …
Mitch McConnell : An American Brutus
Image by Getty Images via @daylife
Once again, the Senate Republicans have chosen to live up to their “Party of No” reputation by blocking a bill intended to provide assistance to small businesses. The bill, sponsored by the Obama Administration, was intended to provide $30 billion in loans for small businesses, combined with tax relief for a ten year period. In …
