Tag Archives: Spending Cuts

Sequester Hysteria: House Rep Claims Half US Population to Lose Jobs Tomorrow

Posted on February 28, 2013 by Barry Donegan

The prevailing logic in Washington DC has been that, if the government cuts one penny of spending, the economy will unwind, and 2012-esque cataclysms will rock the very foundation of the Earth. This absurdity serves to hold up record deficit … Continue reading →

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Fiscal Bluff: The Fiscal Cliff Spending Cuts Are a Hoax

Posted on November 28, 2012 by Barry Donegan

When it comes to the fiscal cliff debate, politicians and media personalities have caught doomsday fever. Based on the alarming way in which they describe an upcoming scenario in which taxes will rise and future spending increases will be cut … Continue reading →

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Big Bird Bailout: Does Sesame Street Need Federal Funds?

Posted on October 5, 2012 by Barry Donegan

Despite the fact that the US government owes trillions upon trillions in debt and unfunded liabilities, virtually no specific cuts were mentioned in last Wednesday’s presidential debate between Mitt Romney and Barack Obama. In fact, both candidates outlined policies that … Continue reading →

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