Finding the Right Bush

As a young reporter, I traveled across Canada with the late, great Tommy Douglas, and I can still remember how stirring his speeches were. His rhetoric was richly illustrated by anecdotes, and one of the stories he toldĀ  came to mind this morning as i pondered the mess America is in. The story, as I […]
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Why Isn’t the Government Smarter than a 6th Grader?

A YouTube video of a 12-year-old Canadian girl’s address to a bunch of bankers has gone viral, attracting more than a million views. And listening to what she says makes me wonder if we adults get dumber as we grow older. What Victoria Grant (photo above) has to say seems to me so logical, so […]
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The Path of Austerity is Downhill all the Way

You might look at the national debt, snowballing by the second as interest piles up, and wonder why any government would consider running a deficit. Surely, that’s reckless, you might think. By adding more debt you add more interest, and interest on the interest… and on and on. But you should think it through before […]
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Why Isn’t Anyone Talking About Ending “Free Trade”?

As dueling deficit reduction plans compete for victory in Congress, I am left wondering why the real source of the hemorrhage in America’s economy is being ignored. Surely, anyone can see that the root cause of the country’s problems is “free trade”? It’s the free traders who opened the door to let America’s jobs pour […]
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The Curious Logic of Tea Party Economics

Of course I know that all Tea Party folks don’t think alike. I realize that the movement is basically a marriage of opposites – people who want to tell others how to run their lives and people who want to be left alone. But a common theme is emerging that illustrates the sorry level of […]
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Is Economic Chaos a Prelude to Social Change?

Anyone who is paying attention can see that the United States is teetering on the edge of economic disaster. The massive national debt (about 14 trillion and increasing as I type) is unsustainable. The federal government’s revenue might not be able to keep up with the interest on the debt, and if that happens, America’s […]
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U.S. is Awash in Money – and Going Bankrupt

The experts paint an alarming picture of America’s financial situation. Unless “hard choices” are made, they tell us, the country’s economic system will collapse. The dollar will be worthless, and U.S. bonds will have no takers. The deficit must be curbed, the national debt tamed – or else! And looking at the figures, I can […]
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How Did the U.S. Get $1 Trillion in Debt to China?

I was musing about the rising power of China the other night, and Sandra wondered how the USA had managed to get a trillion dollars in debt to the Chinese. Here’s what I think happened. Please let me know what you think. It’s a tricky topic and I could be way off base. I think […]
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No Money for Health Care at Home; Lots for “Defense” Abroad

You will hear – again and again – that Uncle Sam doesn’t have the money to provide care for the millions of Americans without health insurance. And if you consider the country’s national debt of more than 12 trillion dollars, fueled by an annual deficit approaching 1.2 trillion, you might be tempted to agree. After […]
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