Obama, Republicans foreshadow spending duels in Washington
(CNN) – While Republicans this week have already begun to lace up their fighting gloves for the upcoming battles over debt and spending, President Barack Obama used his weekly address Saturday to draw his own lines.
“One thing I will not compromise over is whether or not Congress should pay the tab for a bill they’ve already racked up. If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic,” Obama said.
View original post 380 more words
What The GOP Doesn’t Want You To Know About The Deficit
The Huffington Post
1. The Deficit Has Grown Mostly Because Of The Recession
The deficit has ballooned not because of specific spending measures, but because of the recession. The deficit more than doubled between 2008 and 2009, as the economy was in free fall, since laid-off workers paid less in taxes and needed more benefits. The deficit then shrank in 2010 and 2011.
2. The Stimulus Cost Much Less Than Bush’s Wars, Tax Cuts
Republicans frequently have blamed the $787 billion stimulus for the national debt, but, when all government spending is taken into account, the stimulus frankly wasn’t that big. In contrast, the U.S. will have spent nearly $4 trillion on wars in the Middle East by the time those conflicts end, according to a recent report by Brown University. The Bush tax cuts have cost nearly $1.3 trillionover 10 years.
3. The…
View original post 474 more words
Jan 6: Expand Your Vocabulary
Sometimes when I think about all of the ways I want to learn, my head starts to birl. Don’t know that word? It’s today’s word of the day on Dictionary.com. To be honest, I didn’t know it either, but I do now! Learning new words is one of the goals I’ve set for myself this year, as I truly believe that an educated, well-spoken writer and speaker commands respect.
One of the most amazing things I’ve noted in my life, and especially in my professional career, is that how an individual’s ability to communicate has a profound impact on the way others relate to them. Unfortunately, it isn’t always fair either. Some of the greatest discrimination I’ve witnessed has come at the expense of someone being discounted because their speech fell short of effectively delivering their message. I’ve watched incredibly bright, qualified job candidates never get past the screening process…
View original post 888 more words
