Do you know your net worth? If you add up all your assets (cash, property, etc) and subtract all your liabilities (debts), do you know what you are worth? As a person, your net worth on paper doesn’t really account for your intangibles, like personality, education, or dashing good looks. Just your value if you sold […]
When is $100 billion not enough?
March 18, 2011 by Daniel Burton
When it’s non-security discretionary spending cuts from the budget. That’s when. Then it’s just not solving the problem. It’s pandering for the press and for constituents. The problem, and all the talk Washington, is the deficit and getting it back to a manageable level. Republicans in an effort to keep campaign promises and reduce the deficit, are […]
Filed Under: Entitlement Reform Tagged With: Congressional Budget Office, Discretionary spending, entitlement reform, Federal Budget, federal deficit, Medicaid, Medicare, Paul Ryan, postaday2011, Social Security
The answer to why Americans are OK with more spending
January 27, 2011 by Daniel Burton
Yesterday, just before the State of the Union speech, I had an insightful conversation with a family member. This person is taking his first class in political science, something like a Polisci 101 class. He called me to ask some questions for an assignment he was working on. “What does ‘non-security, discretionary spending’ mean,” he […]
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