The Debt Limit and a Typical Family
I saw this today and just had to throw it out there. Â Feel free to berate me in the comments if you dislike it.
I saw this today and just had to throw it out there. Â Feel free to berate me in the comments if you dislike it.
About a month ago I asked when we were going to have a serious conversation about our national debt, it looks like that time might be now if our Republican and Tea Party congressman have the courage to grab the moment with the release of Rep. Paul Ryan‘s budget plan. Ryan, a Republican from Wisconsin, is the author of the Roadmap for America, and is Chairman of the House Budget Committee. he outlined the new GOP budget proposal today in a piece in the Wall Street Journal titled The GOP Path to Prosperity. It seems to me that the ball is now in the Democrat’s court. They must explain why … More after the Jump…
I really try to stay away from politics but I find that I just have to say something her, even if I just howling in the wilderness and nobody is listening. Debt or at least the current and future debt of America has been much more prominent in the news lately. It is always in the news, but people are actually, hopefully, starting to talk about addressing the issue in a serious manner. I ran across these three pieces recently that address the issue and also talk about what America needs to do versus what it is doing. Niall Ferguson, The End of Prosperity? Fareed Zakaria, Are America’s … More after the Jump…
I was driving back to the office from an appointment today and heard on the radio that there were demonstrations in Athens this morning in sympathy with the Italians against proposed austerity measures. I immediately started to reflect on the number of demonstrations/riots in Europe in the past few months because of budget tightening measures necessitated by the rapidly failing social states of Europe. The first phrase that came to my mind was how angry people get when their bread and circuses get reduced which got me to thinking of where the phrase Bread and Circuses came from. The phrase comes from the Roman playwright Juvenal who wrote … More after the Jump…