August 11, 2026

A Non-Sexy Way to Cut Government Spending

Speculating on ways to save taxpayer money and curb the national debt has become a bit of a national pastime. The right wants to cut “entitlement spending” and the left has their sights set on defense and tax loopholes. Everyone agrees that we should do something. We’re stuck with lots of rhetoric, line drawing and politicians who largely maintain the status quo.

State and local governments are also slashing budgets and cutting back essential public services to save money. I would like to propose an idea that is not original and won’t solve the national debt. It’s simple, has been tried and tested and may even help our obesity epidemic. [cont…]

Debt too high saps economic growth.

Debt. You don’t like it. I don’t like it. No one likes it. And yet, without it, much of the prosperity and technological progress we rely upon would not be possible. Finance and the power of compound interest has thrust our economy forward faster than any in history. Yet, compound interest is not a tool […]

Perspectives on last week’s debt debate: two sides of the same coin

How the “left” sees the recent debt ceiling debate/crisis… And how the “right” sees it… Is it any surprise that the politicians had a hard time finding a middle ground? They don’t see eye to eye on what the problem is in the first place. Also, what’s with this “super committee” that’s lacking any deficit […]

Here are the facts: you decide what they mean.

Jack Daniels explains the deficit (a la Politicalmath)

Because it’s been one of those days, I give you a lesson in the federal deficit.

the sound of a bubble popping?

Rep. Barney Frank of Massachusetts Today, Standard & Poor’s and Moody’s Investors Service warned that the United States government is in danger of losing its AAA credit rating, the highest possible rating a large institution can hold. According to Taylor Graff at Cavanaugh Capital Management, the AAA rating is the “pinnacle of safety in the investment universe.” […]