Tag Archives: domestic productive capacity

September 30, 2016 marked the end of another Federal Government fiscal year and with it the Federal Debt jumped $1.3 Trillion; in a mere 12 months. Yes, it is true that Congress hasn’t managed to deliver the required Budget Resolution since 2009 and though President Obama is complicit in the failure he’s not entirely to blame; Congress, however, is.

Setting aside the Budget for the moment, understand the nearly 25% of annual Federal Government Spending is actually not even part of the Budget. From military expenditures for various foreign policy ventures to special funding vehicles for disasters and on to off-book “black-ops” spending to any number of scheduled or unscheduled handouts there seems to be no shortage of spending opportunities.  Read more...