RichC | January 23, 2024
It’s called the third rail of politics, and in those areas of spending where politicians with the best of intentions dare to talk, nothing gets done. Only a few have suggested finding a solution to our ballooning debt and yearly deficits … or two of the primary drivers: Social Security and Medicare. These programs continue […]
Category: Financial, Idioms, Politics |
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Tags: medicare, national debt, npr, politicians, social security, spending
RichC | September 15, 2022
As we face another recession (some believe we are already in one – see February 2022 part 1 and part 2), I couldn’t help but notice a post from about this time of the year in 2008 (see chart at left) when we faced a previous self-inflicted recession (banking crisis). The 2007-2008 Financial Crisis was the […]
Category: Business, Financial, History, Politics, TBT |
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Tags: banking, deficit, financial markets, great depression, great recession, inflation, national debt, recession, stock market, TBT