Jim Wheeler
BS, USNA, Annapolis, 1959; MSA, The Geo. Washington U., 1975; Submariner, Commander, USN, 1959 - 1981; Aerospace battery engineer & mgr., 1981 - 1999; Political affiliation: Staunchly Democratic, converted after the GOP receded from its Eisenhower roots.
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Still Skeptical After All These Years by James R Wheeler is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Permissions beyond the scope of this license may be available at jwheeler59@me.com. Copyright 2015 James R. Wheeler
Tag Archives: debt crisis
Insurance
Most people are familiar with how life insurance works. Accountants and executives devise contracts and using statistics, they bet you live, at least until they break even. And if they can improve on your chances of living longer than average, … Continue reading
A Simple Picture
Trying to make sense of economics, the dismal science, is a pretty thankless task, especially with the sharp political divide in Washington and the myriad ways of expressing statistics. Nevertheless, with the Great Recession and stubbornly high unemployment, economics is … Continue reading
An Historic Failure
My conservative blogging colleague, Anson Burlingame, called my attention to an article in todays Washington Post, Origins of the debt showdown. I did find it “instructive”, as he suggested I would. It is a good chronology of how Tea Party … Continue reading
Hidden On A Rock
A cruise can be both relaxing and informative. Mollie and I have been fortunate since our retirement to be able to afford a few cruises, including, just lately, to Bermuda, out of New York City where we sailed past Lady … Continue reading
Hey Doc, Is There A Generic For This?
What is the most profitable of all industries in the country? Before I looked it up I might have said electronics or movies, or maybe even computer games. But no, I won’t keep you in suspense, Dear Reader. It is … Continue reading
The Blame Game
The contentious debate in Washington over raising the debt ceiling causes me to wonder anew about why capable people would want to be politicians. Ego has to be a huge part of it, from my observations, but every once … Continue reading
Into The Abyss
A balanced but alarming Time Magazine editorial led off saying today, As the U.S. hurtles toward a potential debt-limit default that would shake the fragile economy, the chasm between the two parties widened on Tuesday, as Republican opposition to tax increases … Continue reading
Posted in Economics, Politics
Tagged budget deficit, budget impasse, Cantor, debt crisis, fiscal abyss, McConnell, Mitch McConnell
19 Comments
Just Gimme The Latest and Greatest, Doc!
Most Americans, I submit, believe that our medical system is not only the world’s most expensive but also the world’s best. When we have a problem we want the latest and best test, medicine, and procedure. Would it surprise … Continue reading
Still Skeptical After All These Years 