national debt – Page 3 – Lloyd's Anything Blog

Lloyd Lofthouse

Mar 5, 2013

Censored but not Silenced: Part 3/5

There are several private-sector special interest groups that benefited from the Iraq War—each one for a different reason.
Lloyd Lofthouse

Mar 4, 2013

Censored but not Silenced: Part 2/5

Wars are fought with mostly borrowed money that ends up growing the National Debt and that debt—if it is ever paid off—will be paid by U.S. tax payers and not by oil companies.
Lloyd Lofthouse

Mar 3, 2013

Censored but not Silenced: Part 1/5

Civil Liberties says, “The right to free speech is a longstanding U.S. tradition, but actually respecting the right to free speech is not.”
Lloyd Lofthouse

Dec 8, 2012

The Evolution of a National Debt Burden – Part 7/7

The 1935 Social Security Act created primarily a pay-as-you-go system, meaning that payments to current retirees come from current payments into the system.
Lloyd Lofthouse

Dec 7, 2012

The Evolution of a National Burden – Part 6/7

According to Joe Weisenthal of Business Insider Magazine, it was President Clinton that caused the global financial crises of 2007-08, because he did not spend enough and increase the national debt.
Lloyd Lofthouse

Dec 6, 2012

The Evolution of a National Burden – Part 5/7

After World War II, the National Debt was reduced from 120% to 30% of GDP by 1981. Then Ronald Reagan was elected president.
Lloyd Lofthouse

Dec 5, 2012

National Debt Info-Graphic by President 1945 – 2012

As tax rates dropped for the wealthy, unemployment went up and GDP went down (on average).
Lloyd Lofthouse

Dec 5, 2012

The Evolution of a National Burden – Part 4/7

To pay off debt and fund the growing pains of a nation becoming an expanding global empire, Congress passed the 16th Amendment to the Constitution on February 3, 1913 establishing Congress’s right to impose a Federal income tax.
Lloyd Lofthouse

Dec 4, 2012

The Evolution of a National Burden – Part 3/7

In 1787, the concept of universal healthcare did not exist anywhere in the world, so how could America’s Founding Fathers be against something that did not exist?
Lloyd Lofthouse

Dec 3, 2012

The Evolution of a National Burden – Part 2/7

Can you survive on $132.96 a month? Many of Wal-Mart workers can’t so they turn to food stamps.

Category: national debt