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The Real State of the Union: Unsettling

January 25, 2011 politisite 0

The United States continues to live far beyond its means while losing its once uniquely dynamic productive expertise and its financial independence. The standard business news narrative is that the United States is now 18 months into recovering from the worst downturn in 70 years. Private sector jobs grew in each of the past 12 months. Industrial production, real wages, after-tax incomes and personal spending are all rising with monthly […]

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Fact Check: National Debt Doubled Under President Bush, Wrong!

July 20, 2010 politisite 0

SEN. DICK DURBIN (D-IL): “The National Debt Of America Doubled Under President Bush. From $5 Trillion Accumulated Debt In The History Of The United States Of America To The Day When President Bush Left Office And The National Debt Was $12 Trillion.” (Sen. Durbin, Floor Remarks, 7/20/10) POLITIFACT: “Durbin’s ‘Fact’ Is Wrong” POLITIFACT: “So, ‘in eight years of Republican rule,’ was it true that ‘the national debt went from $5 […]