Debt Ceiling

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DNC Memo: Political Pundits Got Debt Ceiling Scorecard Wrong DNC Memo: Political Pundits Got Debt Ceiling Scorecard Wrong WASHINGTON -- The rush to frame the winners and losers in the debt ceiling deal stands in stark contrast to the protracted negotiations over the debt ceiling themselves. On Thursday afternoon, the Democratic National Committee engaged once again, issuing a memo arguing that political pundits got their analyses wrong when they deemed the final result a win for the Republicans. "The fact is, since President Obama reached a debt and deficit compromise with Republicans over the weekend, CNN and Gallup polls show that a hefty majority of Democrats and Liberals support the deal while a hefty majority of Republicans, and particularly the all-important Tea Party Republicans, oppose it," says the memo, authored by DNC Executive Director Patrick Gaspard and sent to The Huffington Post. "If you’re waiting for the rush of stories, columns and blogs with the inside the beltway intelligentsia admitting they missed the mark on this – don’t hold your breath.
Randi Rhodes

Economics and Politics by Paul Krugman - The Conscience of a Liberal

Economics and Politics by Paul Krugman - The Conscience of a Liberal The other day someone — I don’t remember who or where — asked an interesting question: when did it become so common to disparage anyone who hasn’t made it big, hasn’t gotten rich, as a “loser”? Well, that’s actually a question we can answer, using Google Ngrams, which track the frequency with which words or phrases are used in books: Sure enough, the term “losers” has become much more common since the 1960s. And I think this word usage reflects something real — a growing contempt for the little people. This contempt surely isn’t limited to Republican politicians.
According to http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm, the debt at the end of the 1980 fiscal year, on September 30th, 1980, was $907,701,000,000. On September 30th, 1981, it was $997,855,000,000. Averaging it out over the year gives a debt of $246,997,260.27 per day. Reagan took office 112 days later on January 20th, 1981. Calculation Details Calculation Details
Business Business Sam Edwards/Getty Now that Obamacare has removed healthcare from employment, people can leave their cubicles and pursue part-time labor. With apps like Uber, that labor might happen on a micro-level. Dolly Parton’s 9 to 5 anthem may need a 21st century reboot. In 2013, 75% of the almost 1 million new jobs added to the US economy were part time according to CNBC.
What The Top U.S. Companies Pay In Taxes - Forbes.com
Budgetary splitsville - PostPartisan - The Washington Post