Tag Archives: Debt

The fantasy of unlimited money

It never ends. Tuesday, House Speaker Nancy Pelosi unveiled her vision for the next round of congressional action to respond to the COVID-19 pandemic, and it is a vision of mountains of cash. Pelosi’s plan would spent $3 trillion, which would make it far and away the largest coronavirus relief spending package to date from […]

If there’s anything worse than excessive spending, it’s excessive debt

In June, Gov. Janet Mills proposed a package of bonds that amounted to a whopping $239 million in new debt for the state of Maine. On Monday, Mills called for a special session of the Legislature to vote on many of these bonds, highlighting the most popular and widely supported among them by emphasizing the […]

If you are truly serious about the national debt, tax reform is irrelevant

I hate debt. Really hate it. In 2010, one of the most encouraging things that I thought came out of the Tea Party movement, was a focus on the issue of the budget deficit and the national debt. That year, candidates who promised to address those issues managed to gain 63 seats in Congress. For Democrats, […]

Portland is actively hostile to growth

Because of the work I do, I have the opportunity to meet with many Maine businesses, particularly small businesses, and ask them what is necessary for them to survive, thrive and grow. I also often ask them what stands in their way of achieving those things. I ask these questions, because I care about the answers. […]