Archive for category national debt
The fight over the debt ceiling comes down to dollars and cents. If the stalemate goes on in between the White House and the Republicans in Congress what will it imply to Americans if we do not raise the countries borrowing restriction. Furthermore, exactly what does it mean if we do raise the borrowing restriction. Ed Butowsky appears live on Fox News to examine exactly what could be the ramifications if the financial obligation ceiling is raised or not in homes in America.
The failed fiscal policies of this administration are costing Americans a lot of money not only in your pockets but also in jobs, retirements, and even your gas tank. The recent jobs report seems a little far fetched. How after 40+ Months yes I say months are we all of a sudden under 8.0% unemployement? How does the government justify it? They say that after this much time of above 8% 500k took part time employment. That’s just one of the points being made in this episode of the Blaze TV. Ed Butowsky joins E.D. Hill as they try to wrap their heads around not just jobs but also how QE-whatever will help further the economy. How did the first wo infusions of money (ie QE1 and QE2) help?
While this administration under President Obama is scratching their heads trying to figure out what will stimilate the economy the current tactics have not worked. Printing more money – No. Investing in alternative fuel industry – No. So what will because our economy is certainly in a stalled state as recently confirmed by the Q2 Gross Domestic Product (GDP) numbers coming in at 1.3% rather than the expected 1.7%.
With the upcoming presidential election many discussions around the economy are stirring a hornets nest among voters. In recent weeks the stock markets have moved higher, but why? Is it because Ben Bernanke has his fingers on the printing press ready to print more money? Or is it because the alternative to this administration is making more sense than the current one. Ed Butowsky joins Fox Business’ Varney & Company on many occasions in recent weeks to discuss this very point.
Why wont the current administration lower taxes to help jump start the economy? Is it because President Obama is running for reelection? Corporate earnings are showing the affects of the global economy quarter after quarter.
What is clear is that our economy is in a state of “Stagflation” and while the government has continually tried everything else to help the economy it has all not resulted in the expected result. So why not try lowering taxes especially corporate taxes.
Read the full article by Ed Butowsky, One Tool Left to Jumpstart Economy: Lower Taxes, at Fox Business.
How will the national debt impact every American in the US today? Ed Butowsky joins Fox News to try and answer that very question.