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Category: Opinion

Unsustainable Federal Debt (read: Entitlement Programs)

PBS’s FRONTLINE tonight was an interesting look at the Federal debt during this time of a faltering economy and the affect that the Government’s entitlement programs (Social Security, Medicare, Medicaid) have on it.  Currently those programs comprise roughly 40% of the Federal budget, and are projected to consume over 20% of GDP by the time

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Why Detroit shouldn’t be bailed out

David Frum had a great commentary on American Public Media’s Marketplace this afternoon describing why the big three automakers shouldn’t be bailed out by the Federal government.  Here’s a snippet: President-elect Obama has expressed support for yet another bailout package for the U.S. auto industry. Here’s the case: Manufacturing is the backbone of the U.S.

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Economics as a Graduation Requirement (Why the Gas Tax Holiday is a Bad Idea)

I recently listened to a very interesting episode of KCRW’s To The Point that investigated the summer gas tax holiday proposed by both Hillary Clinton and John McCain.  It was definitely a very intriguing discussion about the economics behind the oil industry and the short- and long-term effects of this idea.  I highly recommend listening to

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Intermountain R.E.A.: A blast from the past

I got my electric bill the other day. $27.75, not bad, but mostly so cheap because we were out of town for 10 days at the end of March. I’m in the Intermountain Rural Electric Association (IREA) service area, and included in this month’s bill was the usual newsletter. This time it included the 2007

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