Yeah, I know credit and debt issues pretty well, but I’m no economist. With all the talk about a stimulus spending package or cutting taxes to help our the economy, I get very confused. Isn’t spending more money or giving people a tax cut the same thing? Each method essentially depletes the US Treasury. I [...]
Entries Tagged as 'U.S. Deficit'
Will Tax Cuts Increase the Deficit or Create Jobs?
February 11th, 2010 · 2 Comments · Career, Taxes
Tags: debt·Democrats·dollar stability·gold standard·Infrastructure·Job Creation·politics·Republican·stimulating the economy·Tax Cuts·U.S. Deficit
Opinion: How the U.S. Can Get Out of Debt
August 27th, 2009 · 5 Comments · Budgeting, Debt Collection, Debt Settlement
When I’ m approached by someone seeking advice on how to get out of their credit card debt, I use a standard methodology. Just for fun, I decided to see if I could apply the same principals to the U.S. Deficit (currently $12 trillion). First thing I do is to ask the client the following [...]
Tags: assets·debt·Debt Settlement·Defense·Health·Medicaid·Medicare·National Defense·Outstanding Debt·Social Security·U.S. Deficit
