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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review March 2, 2012/ 8 Adar, 5772

Forget kids --- today's debt hurts adults

By Deroy Murdock




http://www.JewishWorldReview.com | Fiscal conservatives unwittingly sabotage themselves by invoking "the children" when explaining the dangers of America's ballooning national debt. They should spend lots more time discussing how federal red ink harms adults today.

Tying debt reduction to parenting causes two problems:

First, if America's children will pay off the national debt, why sweat it now? Washington's spendaholics will embrace any available excuse to keep federal spending grinding onward. If the debt will vex the kids, it clearly needs no attention for another decade, maybe two. So, until then, PARTY!

Second, millions of American adults lack children. Some have not had them. Others don't want them. While speeches about "the children" may play moms and dads like fiddles, they barely pluck the heartstrings of the childless.

Free-marketeers, thus, should add a badly needed note of urgency to their overtures on the national debt. Current and previous federal borrowing hurts American adults -- and this entire economy -- right now, well before little Johnny and Sally turn 21, find jobs and start signing the tab for Washington's endless fiscal happy hour.

For now, the good times are rolling.

After the Bush-Rove administration's fiscal bacchanal, the gross national debt was $10.6 trillion when President Barack Obama took office. Today, that figure is $15.4 trillion -- and climbing. It likely will crash through today's $16.4 trillion debt ceiling in mid-October, weeks before the November election. According to the Congressional Budget Office, the debt will total $21.7 trillion in 2022.

Servicing this debt will be a massive national enterprise. Net interest payments will soar from $224 billion to $624 billion in 2022 alone. Over the next 10 years, the CBO projects that interest to bondholders will cost $4.25 trillion. This is nearly double the expected budget for Obamacare.

"This debt cloud over our economy is depressing growth right now," said Alabama's Jeff Sessions, the U.S. Senate Budget Committee's top Republican. Sessions cites economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard. They determined that advanced nations with gross debt-to-GDP ratios above 90 percent experience 1 percent to 2 percent lower median growth rates. Slower growth means fewer jobs, lower incomes and grimmer people. America's debt/GDP ratio equals 105 percent today, well within that danger zone. Obama's budget keeps that figure above 102 percent through 2022.

"The nation's debt is leading to higher costs for businesses and American households to obtain long-term credit," states a May 2011 report by Sessions' budget analysts. "Longer-term interest rates would be even lower today, and more stimulating of economic activity, if today's deficit and government debt were lower."

Federal Reserve Chairman Ben Bernanke also sees the national debt menacing today's adults. "Expectations of large and increasing deficits in the future could inhibit current household and business spending," he said in October 2010, "for example, by reducing confidence in the longer-term prospects for the economy or by increasing uncertainty about future tax burdens and government spending -- and thus restrain the recovery."

Washington will not get serious about any of this until Democrats grow up.

Obama's deficit projections exceed $575 billion every year through 2022. Even after proposing a $1.9 trillion tax hike, he never comes close to balancing the budget.

When House Budget Committee Chairman Paul Ryan, R-Wis., asked Treasury Secretary Timothy Geithner how he would cure this debt headache, Geithner sniffed: "We're not coming before you to say we have a definitive solution to our long-term problem. What we do know is we don't like yours."

House Republicans last year passed Ryan's sober, debt-curbing budget. The Democratic Senate then sandbagged it.

As for 2012, "We don't need to bring a budget to the floor this year," declared Senate Democratic leader Harry Reid of Nevada. Why start now? In serial violation of the Congressional Budget Act, the Democratic Senate last passed a budget on April 29, 2009.

Debt-weary Americans who worry about "the children" should start fretting about Washington's infantile Democrats.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Deroy Murdock is a columnist with Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University.



Previously:

02/24/12: Dems arise against Obamacare

02/17/12: The voting dead are understated

02/10/12: Holder takes on 'racist' photo-ID cards: Prejudice is widespread --- even Obama backed them

02/03/12: On tax plans, Gingrich trumps Romney

01/27/12: Photo IDs can protect elections, let dead rest

01/20/12: Romney runs hot and cold on global warming

01/13/12: Economic freedom declines in U.S.

01/06/12: Time to yank off Mitt's mask

12/23/11: Boehner hands Dems a gift

12/15/11: The U.S. could learn much from Hong Kong

12/09/11:$687 billion is available to Congress free of strings

12/02/11: Obama criticizes Wall Street but takes money from it

11/18/11: Puerto Rico shows Washington the way

11/11/11: Take heed, America: In Ohio even left-wing unionists voted to repeal ObamaCare

10/28/11: Thanks, Netanyahu, for surge of hardened terrorists

10/24/11:The Obama Spend-O-Rama

10/17/11: Cain stakes his viable claim just by showing up

10/07/11: Green jobs are national scandal

10/04/11: Obama proudly declares class war

09/23/11: Obama wrong about ‘Do-Nothing’ Congress

09/16/11: Obama needs Ryan's vision on jobs

09/09/11: Reaganomics trounces Obamanomics

09/02/11: Labor leaders to Obama: Stop killing jobs

08/26/11: Pro-market Perry vaults over Romney in GOP race

08/19/11: Some rich Americans will not rest until Washington boosts their taxes

08/12/11: Hope, change and free birth control for all

08/05/11: Debt deal does virtually nothing

07/21/11: Dems pro-choice on abortion but little else

07/15/11: Debt deception: If only Dems were honest and GOPers were courageous

07/08/11: Congress' war on light bulb blows up





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