Categories
Economics Politics

Government Spending

This chart shows government spending from 2000 – 2015.  As far as I can tell, there are no tricks, no hidden or partial contexts, no percentage of GDP… Just straight up spending measured here in billions of U.S. dollars. source: tradingeconomics.com As you can see, there is a huge peak in 2010. This peak was […]

Categories
Economics Politics

Why the National Debt was excluded from the 2015 State of the Union Address

In January 2015, President Obama delivered his State of the Union address and during that speech he said that all economic indicators show that this country is better off now than it was when he took office. In the subsequent press conference a reporter asked Press Secretary Paul Earnest if Obama was including the national […]

Categories
Economics Politics

Raising The Debt Limit

To raise or not to raise. How is this even a question? For those of you who know how politics works, the answer is simple… anything that is put to a vote becomes a card in the game we call politics. “I’m not going to give you my vote unless you give *ME* something.” The […]