The Devil is in the Deficit: καὶ ὁ ἀριθμὸς αὐτοῦ ἑξακόσιοι ἑξήκοντα ἕξ

From The Wall Street Journal: U.S. Ran $666 Billion Deficit In Fiscal 2017, Sixth Highest on Record U.S. revenue and spending both hit record highs in fiscal 2017, according to department By Kate Davidson | Updated October 20, 2017 | 2:54 p.m. ET WASHINGTON—The federal budget deficit widened in fiscal year 2017 to the sixth …

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Worst proposal ever! President trump wants to "wipe out" Puerto Rico's debt

Worst proposal ever! From CNNMoney: Trump on Puerto Rico debt: ‘We will have to wipe that out’ by Jethro Mullen and Matt Egan | October 4, 2017: 6:35 AM ET President Trump on Tuesday raised the prospect of wiping out hurricane-ravaged Puerto Rico’s crushing debt load. “They owe a lot of money to your friends …

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Lying to ourselves: the debt limit

From CNNMoney: Mnuchin cites September as possible debt ceiling crunch by Jeanne Sahadi | June 12, 2017: 7:53 PM ET For the first time, Treasury Secretary Steven Mnuchin on Monday offered a specific month for when the government might come dangerously close to breaching its legal debt limit. “I am comfortable saying we can fund …

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Jefferson Beauregard Sessions III wastes the taxpayers’ dollars

The New York Times tweeted: A Mississippi man was sentenced to 49 years in prison for killing his transgender former girlfriend https://t.co/94prZNXcqc — The New York Times (@nytimes) May 16, 2017 And the story: U.S. Hate Crime Law Punishes Transgender Woman’s Killer, in a First By Liam Stack | May 16, 2017 A Mississippi man …

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Tax cuts to stimulate growth It's been tried before; has it ever worked before?

From The Wall Street Journal: Mnuchin Says Trump Will Offer ‘Biggest Tax Cut’ in U.S. History Cut seeks to spark sustained 3% economic growth By Richard Rubin and Nick Timiraos | Updated April 26, 2017 9:45 a.m. ET To spur economic growth, President Donald Trump plans to propose what his Treasury Secretary said Wednesday would …

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Good news! President Trump wants to cut non-Defense spending! Unfortunately, unhatched chickens are being counted

From The New York Times: Trump to Ask for Sharp Increases in Military Spending, Officials Say By Glenn Thrush and Kate Kelly | February 26, 2017 WASHINGTON — President Trump will instruct federal agencies on Monday to assemble a budget for the coming fiscal year that would include sharp increases in Defense Department spending; major …

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President Trump’s tax policies

From The Wall Street Journal: Treasury Secretary Steven Mnuchin Sees Tax Overhaul by August Economic growth at 3% or higher is also among Trump administration’s ambitious goals, he says By Rebecca Ballhaus and Nick Timiraos | Updated Feb. 22, 2017 9:37 p.m. ET Treasury Secretary Steven Mnuchin laid out ambitious goals to secure a U.S. …

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Fed sees little need for future “stimulus” spending For once, I agree with Janet Yellen!

From The Wall Street Journal: Fed Officials See Less Need for Tax and Spending to Boost Short-Term Growth Shift in thinking comes as economy improves, jobless rate declines By Shayndi Raice | January 16, 2017 8:00 a.m. ET Federal Reserve officials increasingly say they don’t see a need for stimulative government tax and spending programs …

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Yes, deficits matter. They mattered under Bush, they matter under Obama, and they will matter under Trump

From CNNMoney: IMF: Trump stimulus set to boost U.S. growth by Jethro Mullen | January 16, 2017: 9:08 AM ET U.S. economic growth should get a lift from stimulus measures under Donald Trump’s presidency, but it won’t hit the speed he promised anytime soon. That’s according to the International Monetary Fund, which has pushed up …

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Nancy Pelosi and the Big Lie

Pelosi blames Bush for $9 trillion in debt added under Obama By Al Weaver • 1/13/17 12:07 PM House Minority Leader Nancy Pelosi blamed former President George W. Bush and the Republicans on Friday for the more than $9 trillion that has been added to the national debt under President Obama’s watch. Pelosi argued that …

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