3 comments… add one
  • jan Link

    The article posted has a persuasive analysis regarding how both the left and the right are not addressing fundamental causes behind our economic problems.

    In other words, federal debt will be at historic highs while appropriated spending is lower than historically normal and taxation is higher than historically normal. Clearly these variables alone don’t explain what is going on.

    This unsustainable spending growth occurs because we continue to increase spending on Social Security, Medicare, Medicaid, and now on the massive expansion of federal health spending embodied in the Affordable Care Act. Growth in these four categories of federal entitlement spending accounts for our whole fiscal imbalance.

  • ... Link

    It’s a mystery!

  • Guarneri Link

    Speaking of whoocoodanode, and how the pension portion will be financed…

    http://www.zerohedge.com/news/2015-02-21/smart-money-selling-not-buying-goldman-warns-valuations-99th-percentile

    You can all look up the valuations in public markets with a few keystrokes. The private market valuations are precisely what we see.

    Make me an offer.

Leave a Comment