Author: Bonddad

There are a lot of Republicans like my Dad who vote Republican largely based on the perception Republicans are the party of fiscal responsibility.  This perception comes from the 1950s when Republicans were actually...

U.S. Federal Reserve Chairman Alan Greenspan told France’s Finance Minister Thierry Breton the United States has “lost control” of its budget deficit, the French minister said on Saturday. “‘We have...

Standard & Poor’s said it may downgrade the credit ratings of Germany and Italy, two of Europe’s largest economies, unless their governments rein in spending and cut debt. Germany risks losing its triple-A credit...

Boy I wish I had come up with that title.  But I didn’t.  It comes from the Cato Institute’s report The Grand Old Spending Party.  This report is absolutely devastating to the current Republican...

The economy started expanding in the first quarter of 2003.   Where is the money to pay for this expansion coming from?  According to statistics from the Bureau of Labor Services, non-supervisory wages are near...