Tag: Debt

The College Debt Crisis in America

Filed in National by on June 6, 2014 24 Comments
The College Debt Crisis in America

America has a problem that’s growing on an unimaginable scale. In the last decade student loan debt has become an issue that should be at the forefront of any agenda looking to push serious long term change. The fact is, college is a wonderful thing for the growth of a nation, and while I certainly agree that we shouldn’t be so focused on pushing everyone to go, those who want to go, and can go, should be able to attend without the nagging fear of walking out with their arms filled with an eternal debt. Innovation and change is fueled through the education of the next generation, and college is a wonderful place to further the potential of young people.

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Spending, Taxes, Deficit: Lower Now Than Inauguration Day

Filed in National by on May 16, 2012 4 Comments
Spending, Taxes, Deficit: Lower Now Than Inauguration Day

The facts, as laid out by Think Progress. Reality, as we all know, has a liberal bias.

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Top Ten Cost-Cutting Measures Revealed!

Filed in National by on July 13, 2011 6 Comments

It’s time to figure out how we are going to make ends meet in case we don’t have a debt ceiling increase by August 2nd. Since it is unlikely that we wouldn’t pay the interest on our debt, we need to come up with about a 50% reduction in spending on everything else. I’m thinking that if all of my list were enacted, we would be just about there.

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Calling Them Frauds Is Accurate

Filed in National by on January 7, 2011 40 Comments

Andrew Sullivan nails it. First, let’s read Paul Ryan’s quote: “We’re gonna be reducing all domestic discretionary spending. I can’t tell you by what amount and which program, but all of it is going to be going down, and the aggregate amount will be back to 2008 levels before the spending binge occurred.” Okay, everybody […]

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Nick Kristof On The Military Taboo

Filed in National by on December 27, 2010 0 Comments
Nick Kristof On The Military Taboo

NYT’s Nick Kristof gives us a little information about how much money the U.S. really spends on the military.

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Question On Raising The Debt Limit

Filed in National by on November 8, 2010 29 Comments

What happens if Congress doesn’t raise the debt ceiling? And since a lot of Republicans are threatening to do just that I’d like to know specifically what would happen.  I’m seeing a domino effect. I get why the Tea Party is focused on this issue.  Duh, the word “debt” is in the name.  Simple emough […]

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Joe Biden Is Awesome

Filed in Delaware by on October 6, 2010 3 Comments

Joe Biden ridicules the GOP’s debt obsession, saying they have no credibility.

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Analysis Shows Bankruptcy Tied To Wage Garnishment

Filed in National by on July 7, 2009 5 Comments

The Associated Press has done an analysis of bankruptcies and discovered that five states have significantly lower rates (-40%) of bankruptcy: Pennsylvania, North Carolina, South Carolina, Texas and Florida. All of the states have laws that limit wage garnishment to collect debt. States that allow debt collectors to seize consumers’ wages have sharply higher bankruptcy […]

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