Tag Archives: debt

80 Ways to Help Dump Debt

Often the secret to getting your personal debt under control is to adjust your consumption habits so that your expenses go down. Many websites out there offer tips to live below your means, but as usual the Art of Manliness … Continue reading

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5 Ways to Beat Inflation Now

The writing is officially on the wall after the Standard & Poor’s bond rating agency downgraded the U.S. government’s credit outlook to “negative” yesterday. The stock market stumbled on the news, and we may get higher interest rates sooner rather … Continue reading

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Is that iPad Costing You $2,000?

One of the biggest problems for Americans is that we are not sufficiently future-oriented. This is true in both an economic and a spiritual sense. We usually sin because we want to gratify an impulse in the present without due … Continue reading

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Mr. President, Step Away from the Plastic

While we’re on the subject of increasing debt, did anyone notice that President Obama’s “deficit reduction plan” is even more piddly than the Republican one we looked at a couple of weeks ago? Despite pretty tolerant media coverage in which … Continue reading

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Sir, Step Away from the Plastic

Bad news on the economic front this month: people are pulling out their credit cards again. One of the silver linings of tough economic times is that many people finally decide they need to get their financial houses in order. … Continue reading

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Another Half-Hearted Deficit Reduction Proposal

I guess something is better than nothing, but in this case it will fall far short of what is necessary to make a real difference. Some Republicans in the House of Representatives have come up with a “Spending Reduction Act” … Continue reading

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What Would a Balanced Federal Budget Look Like?

I’ve posted several times on this blog about the ridiculous levels of debt, both private and public, in our society. Many people are expressing optimism that the new Congress will “get serious” about addressing the problem at the level of … Continue reading

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$1.4 Trillion Deficit? No Problem!

Apparently not all of us live in the same universe. For those of us in objective reality (and if you think there is no objective reality, please do not waste your time telling me so), it is a bad idea … Continue reading

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Can Elephants Deal With Debt Better Than Donkeys?

On election night, Wolf Blitzer asked the Minority Whip in the House of Representatives to name one program Republicans would cut now that they are scheduled to take control of that chamber in January. He failed to name one. So … Continue reading

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Is America’s Most Prominent Public Intellectual Losing His Mind?

Help me out here, people, because I really want to get to the bottom of this. I’ve been trying to see the world from Nobel-Prize-winner Paul Krugman’s perspective for months now, and I’m coming to the conclusion that either I … Continue reading

Posted in Academia, Current Events | Tagged , , | 4 Comments