"The U.S. Congress voted early on Friday to approve a $1.3-trillion government funding bill with large increases in military and non-defense spending, sending it to President Donald Trump, who was expected to sign it into law." (source)
These are the most exciting, dangerous, complex, strange times in history. This blog is my attempt to navigate through it.
Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts
Thursday, March 22, 2018
Wednesday, October 2, 2013
Washington Monument Syndrome
"Washington Monument Syndrome" is a political tactic used in the United States by government agencies when faced with budget cuts or a government shutdown. The tactic entails cutting the most visible or appreciated service provided by the government, from popular services such as national parks and libraries to valued public employees such as teachers and firefighters. This is done to gain support for tax increases that the public would otherwise be against. The name derives from the National Park Service's alleged habit of saying that any cuts would lead to an immediate closure of the wildly popular Washington Monument. (source)
Labels:
DC,
debt,
government,
memorial,
shut down,
tax,
Washington
Monday, November 26, 2012
Black Friday and the National Debt
On Black Friday this year, Americans bought 9% more stuff from other countries with fiat currency backed by nothing! The U.S. national debt has reached $51,700 per citizen... but try telling that to these eager shoppers!
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