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Jim G
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The Tax Bandaid
So what's the big deal over this tax plan? I think we have just been sold an overly bally-hooed, suspender-snapping boast by the Republican congress. If the estimate that it will add $1.5 trillion to the so-called national debt over a ten year period is tru...
The Tax Bandaid
The Tax Bandaid
gatlinbiographer.com

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The Stupid Debt Limit
The federal so-called "debt" consists almost entirely of unexpired treasury securities. The debt limit is an artificial constraint on the allowed dollar amount of unexpired treasury securities. Once that limit is reached, the Treasury is not permitted to se...
The Stupid Debt Limit
The Stupid Debt Limit
gatlinbiographer.com

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The Old "Socialism Card!
We as a country are so screwed up by our misunderstanding of how our economy works. We all use and need money, every day, yet most of us have no clue about where our money comes from or how it gets into our pockets. Well, here's a capsule description. The U...
The Old "Socialism Card!
The Old "Socialism Card!
gatlinbiographer.com

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Politicians Lie? They Fooled You Didn't They?
Much bad politics thrives on a simple lie -- that the federal government might go bankrupt. That tidbit of misinformation is the basis for  many an unnecessary federal spending cut and for many an unnecessary federal tax hike. The federal government is mone...

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Let's Talk Savings
Let's talk about savings. We can all agree that savings are a good thing, or at least I think we can. Whether you are an Ayn Rand libertarian or a Lyndon Johnson liberal you undoubtedly consider putting some money aside for retirement, college, a new car, o...
Let's Talk Savings
Let's Talk Savings
gatlinbiographer.com

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Paying Off the National Debt
The national so-called "debt", all $20 trillion of it, will belong to the Republicans about four weeks from now. It cannot happen, but let's suppose they follow through on their neoliberal ideology and decide to pay the "debt" off. Just suppose. First, how ...
Paying Off the National Debt
Paying Off the National Debt
gatlinbiographer.com

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The Secret Language of Conservatives
My US Congressman, Walter Jones (R-NC), loves to claim that federal spending is "out of control" and that the federal debt will spell financial disaster for our kids and grandkids. Congressman Jones has voted against every stimulus bill and every debt ceili...

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Social Security Increade! Yay! Er....
The good news is that Sue and I each got a Social Security cost-of-living raise for 2017. Wonderful! The bad news is that the Medicare premium that is deducted from our checks went up by exactly the amount of the raise. So our SS checks will not change at a...

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News Flash! The Government Is Broke!
OMG! The federal government really is broke! At least in the sense that it does not have any money. That's right, the federal government does not have any money. Nothing in a bank account, nothing under the mattress, no stacks of paper money idling away in ...

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So You Don't Like Welfare, Huh?
1935 - A time when the USA still promised to redeem dollars in gold (internationally but not domestically). It was critical then for the government to limit the country's money supply to an amount that did not exceed by too much the amount of gold it owned....
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