Tag Archives: PIIGS

Economic Illiteracy – Just The Numbers, Mam

By Les Dunaway

During the budget debate last December, during the lead-up the the debt-ceiling debate, … I’ve listened to statements made by various politicians, pundits and some real people. I’ve concluded that there really are people who believe that we can just raise taxes to support any desired level of spending. When they are asked about the example of Spain, Portugal, Greece, Ireland, … they respond “Well, that’s Europe; … Read more...

A ROUGH week – Just The Numbers, Mam

By Les Dunaway

Well, it’s been a rough week! With every indication of more rough times to come.

The economy continues to sputter and 1Q11 was worse that we thought [read]

There’s lots of punditry about what the debt ceiling impasse will mean:

  • Debt ceiling: Will I get my Social Security check? [read]
  • What Will Happen If Debt Ceiling Is Not Raised And The US Defaults?
Read more...

Just the Numbers, mam

By Les Dunaway

This is Vol 1 Issue 1 of a weekly discussion intended to lead to better understanding of financial issues facing our country.

I will, each week, take some issue from the current/recent news and discuss the issue itself and how it impacts our country and our way of life. I hope that there will be an ongoing discussion through comments to my posts.

I’m beginning this discussion … Read more...