Tag / deficit
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Trades and Tweets
It is likely that anyone who has consumed any form of news in the last several months has heard about the U.S.’s trade war with China. It is equally likely that that news contained some mention of how irrational, ineffectual, and harmful this trade policy is. Trump’s tweets on the issue have not exactly inspired…
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Apple Pie, Football…Debt?: A Debate with the WUPR Editor-in-Chief
With the congressional deadline approaching to decrease the deficit by more than a trillion dollars, some still question if this imposed decrease is necessary. The deficit could be sustainable and may not even harm future generations. Yet, there are many reasons why this decrease is necessary, and why cutting government spending is the way to…
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Osamanomics
Bin Laden sought to wage an economic war by “bleeding America to the point of bankruptcy.” From this perspective, bin Laden has dealt a devastating blow to the United States.
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Health Care Reform Bill Passes
Late last night, the House voted to pass the Senate version of the health care reform bill. The final vote required for passage was passed just a few minutes before the deadline, and led to cheers of “Yes We Can” throughout the Democratic side of the House. Less than an hour later, the House also…
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The Danger of Deficit
Against the grim backdrop of American families trimming expenses and consumers delaying spending, the White House has released the budget for 2011. The plan features no surprises in its allocations—$1.48 trillion for national defense and social security—but in keeping with the Obama administration’s goal to stimulate economic growth, the 2011 proposal did come to a…
