“I have great faith in a seed,” Henry David Thoreau once remarked. “Convince me you have a seed there, and I am prepared to expect wonders.”
Well, here is a seed CenterMovement.org sown in the jungle of American politics. We are glad you found us.
Social Security
February 8th, 2010Addressing National Debt by Reforming Social Security
Written by: Adele Wick, Columnist
FDR Signing Social Security Act August 14, 1935
Government deficits and debt have reached alarming levels today, and the unfunded liabilities of tomorrow are even more staggering. The key to attaining fiscal sobriety is entitlement reform, and Social Security is as good a place to start as any.
Established in 1935, in the midst of the Great Depression, Social Security was FDR’s strong response to the difficulties experienced by the elderly, ...
Federal Debt
February 1st, 2010Blind Men and Elephants in the Room: How Much Should We Worry about the Public Debt?
Written by: Adele Wick, Columnist
President Obama is expected to announce today a $3.8 trillion budget with a $1.2 trillion deficit for FY2011. Here’s the context within which he will reveal his plan. For decades now, the federal debt acquired through years and years of deficit spending has been the “elephant in the room” – the huge presence nobody talks about but everyone knows is there. In last week’s State of the Union address, however, debt joined unemployment as the two most urgent issues facing America as Obama enters his second year as our President.
Last year, the White House and Congress went “Keynesian” in a big way as the real-estate bubble popped and ...
Economic Stimulus
January 31st, 2010Additional Economic Stimulus – Another Thought
Written by: ,
Guest Contributor Wayne Nelson
Much is being made of the unwillingness of the financial industry to lend money in this current environment of uncertainty. For those of us who were around during the S&L debacle of the late ‘80’s and early ‘90’s, this comes as no surprise. It became very clear that lessons not learned were destined to be repeated. The major distinctions between then and now were (1) financial institutions were not too big to fail back then, and many did; and (2) there are more financial products that nobody understands out there now than there were back then.
It is clear that lending is still being ...
