Comments for Back in the Black http://backintheblackblog.org The CED blog about the Federal Budget Deficit, Spending and Taxes, and the National Debt. Tue, 07 May 2013 04:44:06 +0000 hourly 1 http://wordpress.com/ Comment on Where Do We Go From Here? by redbubble coupon code http://backintheblackblog.org/2013/01/18/where-do-we-go-from-here/#comment-1511 Tue, 07 May 2013 04:44:06 +0000 http://backintheblackblog.org/?p=936#comment-1511 Spot on with this write-up, I truly think this website needs much more consideration. I’ll probably be again to read much more, thanks for that info.

]]> Comment on Stimulus II: How (And How Not) To Do It by redbubble coupon code http://backintheblackblog.org/2012/07/31/stimulus-ii-how-and-how-not-to-do-it/#comment-1510 Tue, 07 May 2013 04:14:12 +0000 http://backintheblackblog.org/?p=693#comment-1510 There are some interesting points in time in this article but I don’t know if I see all of them center to heart. There is some validity but I will take hold opinion until I look into it further. Good article , thanks and we want more! Added to FeedBurner as well

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]]> Comment on As Good As It Gets, Realistically Speaking by no deposit poker room cash http://backintheblackblog.org/2013/04/12/as-good-as-it-gets-realistically-speaking/#comment-1507 Mon, 06 May 2013 23:00:45 +0000 http://backintheblackblog.org/?p=1054#comment-1507 Hi there, I enjoy reading through your article post. I wanted to write a little comment
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]]> Comment on Stimulus II: How (And How Not) To Do It by The Winding Road Back | Back in the Black http://backintheblackblog.org/2012/07/31/stimulus-ii-how-and-how-not-to-do-it/#comment-1465 Fri, 03 May 2013 18:46:33 +0000 http://backintheblackblog.org/?p=693#comment-1465 [...] piece of data to the Erceg and Levin story – which was presented in a chart in an earlier blog and in a different context.  As noted earlier, Erceg and Levin found that withdrawals from the [...]

]]> Comment on Oops: Debt and Economic Growth by Nathan Becker (@netbacker) http://backintheblackblog.org/2013/04/26/oops-debt-and-economic-growth/#comment-1421 Fri, 26 Apr 2013 17:00:14 +0000 http://backintheblackblog.org/?p=1071#comment-1421 You write ” I’d rather spend my scarce tax dollars on something other than debt service.”
I hope you realize that the dollars needed to pay taxes and buy government bonds, i.e. government debt comes from government spending. Our Federal government is the monopoly supplier of US dollars, so unless they first create it by deficit spending, there would be no dollars in the economy for the private sector to pay taxes or to save it by buying treasuries.
The bottom line is Dollars come first, then comes taxes and sale of bonds. Not the other way around.

]]> Comment on As Good As It Gets, Realistically Speaking by Doug Dobney http://backintheblackblog.org/2013/04/12/as-good-as-it-gets-realistically-speaking/#comment-1339 Sat, 13 Apr 2013 15:53:48 +0000 http://backintheblackblog.org/?p=1054#comment-1339 Has everyone noticed that every Obama budget increases spending in the next year and pretends there will be a decrease much later? Year after year that is the pattern. That is a great con if you can get away with it.

]]> Comment on Making Taxes Fair, and Good for the Economy by Dave Schutz http://backintheblackblog.org/2013/03/29/making-taxes-fair-and-good-for-the-economy/#comment-1282 Wed, 03 Apr 2013 01:23:15 +0000 http://backintheblackblog.org/?p=1010#comment-1282 I’m mostly with you on Rawls, but my idea of what I would pick from behind the veil is the reward/tax level which would encourage the most productive lives. Yes! a kid doesn’t starve if his bricklayer father gets a career ending injury. Even a layabout should have a decent, though not lush, life. More attention should be paid than is now to structuring the incentives to reward sustained diligent effort, for everyone.

]]> Comment on Understanding the Demographic Challenge by Dave Thomas http://backintheblackblog.org/2013/03/22/understanding-the-demographic-challenge/#comment-1249 Tue, 26 Mar 2013 06:01:50 +0000 http://backintheblackblog.org/?p=988#comment-1249 Transferring trillions of dollars from the young to the old through social security and Medicare is the single worst economic disaster in our nation’s history.

When will a class of leaders end this insanity??!!

]]> Comment on The Discretionary Wild Card by No Steps Forward- Any Steps Back? | Back in the Black http://backintheblackblog.org/2013/03/08/the-discretionary-wild-card/#comment-1192 Wed, 13 Mar 2013 21:38:47 +0000 http://backintheblackblog.org/?p=976#comment-1192 [...] than he proposes in any of the previous three years.  (Please see two previous blog posts here and here to see why these assumptions of future appropriations savings are risky.)  In fact, in this [...]

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