Tag: Debt
The College Debt Crisis in America
America has a problem that’s growing on an unimaginable scale. In the last decade student loan debt has become an issue that should be at the forefront of any agenda looking to push serious long term change. The fact is, college is a wonderful thing for the growth of a nation, and while I certainly agree that we shouldn’t be so focused on pushing everyone to go, those who want to go, and can go, should be able to attend without the nagging fear of walking out with their arms filled with an eternal debt. Innovation and change is fueled through the education of the next generation, and college is a wonderful place to further the potential of young people.
Spending, Taxes, Deficit: Lower Now Than Inauguration Day
The facts, as laid out by Think Progress. Reality, as we all know, has a liberal bias.
Top Ten Cost-Cutting Measures Revealed!
It’s time to figure out how we are going to make ends meet in case we don’t have a debt ceiling increase by August 2nd. Since it is unlikely that we wouldn’t pay the interest on our debt, we need to come up with about a 50% reduction in spending on everything else. I’m thinking that if all of my list were enacted, we would be just about there.
Calling Them Frauds Is Accurate
Andrew Sullivan nails it. First, let’s read Paul Ryan’s quote: “We’re gonna be reducing all domestic discretionary spending. I can’t tell you by what amount and which program, but all of it is going to be going down, and the aggregate amount will be back to 2008 levels before the spending binge occurred.” Okay, everybody […]
Nick Kristof On The Military Taboo
NYT’s Nick Kristof gives us a little information about how much money the U.S. really spends on the military.
Question On Raising The Debt Limit
What happens if Congress doesn’t raise the debt ceiling? And since a lot of Republicans are threatening to do just that I’d like to know specifically what would happen. I’m seeing a domino effect. I get why the Tea Party is focused on this issue. Duh, the word “debt” is in the name. Simple emough […]
Analysis Shows Bankruptcy Tied To Wage Garnishment
The Associated Press has done an analysis of bankruptcies and discovered that five states have significantly lower rates (-40%) of bankruptcy: Pennsylvania, North Carolina, South Carolina, Texas and Florida. All of the states have laws that limit wage garnishment to collect debt. States that allow debt collectors to seize consumers’ wages have sharply higher bankruptcy […]
Recent Comments