I am fascinated by the discussions taking place at the national and state level about government budgets. Our country and most of our states have revenue/expenditure mismatches of epic proportion. (Read Fed Chairman Bernanke’s comments on the subject on page 7.) At the federal level, we are hearing ideas discussed that previously would have been declared dead on arrival, ideas such as raising the eligibility age for Social Security benefits, and eliminating the mortgage interest deduction. You can have an honest debate about whether these are good ideas, but they represent the kinds . . .
This content is only accessible to members with a current subscription. If you are a subscriber but don't have online access, please contact us at 952-835-2275.