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Testimonials
“In Curtis Greco’s new book, you’ll find out why having the right to vote is just the beginning, and why organizations who promote voter education and engagement are so important for preserving the bedrock of what makes America great for generations to come.”
-Chrissy Faessen, Rock the Vote
Tag Archives: CBO
Numbers that Speak Volumes:
For decades I’ve written and spoke on the effects of globalization and the damage done by the corporate-governance brand of economic policy. I’ve argued relentlessly in opposition to the now standardized argument which asserts that the deplorable state of domestic economics is directly due to the ill-gotten gains of the so-called One Percent. In fact the gains of the 1 percent are not at all the cause but the consequence of a global economic design.
Fed Chair Yellen Speaks an Uncertain Truth
CBO estimates project that by 2024 U.S. Government Debt will be $27 Trillion and yet the Fed, White House and Congress continue to support wealth, productive capacity, trade, monetary, social and tax sapping policies despite the costs. Already at near unrecoverable levels if we then consider that the CBO projections do not include continued war-footing costs, defense, Obamacare and debt-serving costs, it is more likely that we will see deficits in the $33 Trillion range and no nation can survive this.
CBO Backtracking Concealment
It was only a matter of time before the CBO was forced to reinvent its message; one of the luxuries of transient conviction is the ease with which a previous statement can be made to despise itself into a loftier and equally translucent conviction.
Focusing on the maze of fractures that is Obamacare left none-the-wiser as to the greater concealment neatly wrapped within the bindings of the CBO Report: Revenues are falling, spending is out of control, unfunded entitlements are exploding, labor participation rates are plunging, debt load is out of control, the government component of GDP has now moved past 64% of the economy, there is no debt-reduction plan in the works.