national deficit

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Commentary – fiscal cliff is just the latest rough patch in spending spree

Only an elected official can gain praise for doing their job poorly, if at all. Only a politician can claim success in the face of failure. Only an elected official can expect to be rewarded with continued work, while their constituents are upset and the repercussions of their action detract from the quality of life

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We have a debt ceiling deal, everything is fixed right?

Therefore, putting it together, we will spend more money next year than this year, but $250 billion less than we had planned for. The interest on the national deficit will still grow at around $110 billion a month – instead of $120 billion, and we will remain deep in debt. That’s the plan. Stand up and cheer our politicians for their great job and the President for his exceptional leadership.

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