In 25 years, US government debt will exceed our GDP

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More newspeak from Obama

Racking up huge deficits and doubling the national debt is, um, austerity. Fox News Chris Stirewalt ..The prevailing Democratic wisdom is that deficits don’t matter and that Republicans ought to shut up about them. The WaPo enthused: “With the 2015 budget request,...

Stuck on stupid in Detroit

Detroit suffers from self-inflicted wounds and faces bankruptcy. Many retirees are afraid they’ll lose their pensions because much of the city’s debt is to pensioners. They’ve just elected a white mayor for the first time in four decades. So...

Our green hero

Obama has issued an executive order telling the government to spend money (actually, borrow and then spend some money) on getting ready for the negative effects of global warming. This brought to mind, two different hockey stick graphs. First, the long discredited...