This story really bothers me. I’ve seen some headlines for it that say the woman “inherited” her son’s student loan debt. In every article I’ve seen about this story the woman is made out to be a victim. She is…
Tag Archive for Debt
Default & Debt Are Not The Only Two Choices
by admin • • Comments Off
Another fine bit of work from Dr. Emily Skarbek. We need to ask, Just How Bad Would A 25% Budget Cut Be? Over the last two weeks we’ve been told that if we don’t raise the debt ceiling there is…
Debt Limits and Drug Addicts …
by admin • • 3 Comments
Think of the country, or at least the federal govt., as a serious alcoholic or drug addict. Many of us who believe that a smaller federal govt. is the right way to go (morally, economically, & Constitutionally), want to see…
Do You Think We Have a Spending Problem?
by admin • • Comments Off
Chew on these numbers for a bit. U.S. funding for future promises lags by trillions – USATODAY.com: “The federal government’s financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget…