Free Republic

President Trump and Democratic leaders have discovered the one policy that unites Washington: spending money we don’t have. Yet their bipartisan pledge to spend an added $2 trillion on infrastructure over the next decade faces serious obstacles if these leaders are to responsibly improve our infrastructure. First, Washington should spend only as much as it is willing to offset with other savings. Putting $2 trillion on the national credit card would boost deficits that are already on course to surpass $2 trillion a year within a decade, due mostly to entitlements. These deficits are projected to push ­annual interest costs...

US Representative Paul Kanjorski (D-PA), recently graced us with his presence on the airwaves of Northeast PA by doing a “Radio Town Hall” on WILK. Over the August recess, he has done 1 “Telephone Town Hall” in which his staff chose who asked questions, and this “Radio Town Hall”, and refuses to meet face-to-face with his constituents, as he just doesn’t have the time to do so. In discussing the recent upward revision of the projected 10 year US budget deficit from $7 Trillion to $9 Trillion, he remarked that the $2 Trillion difference “really isn’t a lot of money…”.

American boomers now a $2 trillion market From stocks to sex, marketers target a big-spending demographic Every day in the U.S., 10,000 baby boomers celebrate their 50th birthdays. Their generation spends $2 trillion a year. Mindful of that spending, every marketer worth his or her MBA is pitching to them -- everything from new makeup lines for women who burned their bras, to age-friendly technology, to "active adult" communities, to sex. In the coming week, CNBC will take a look at the businesses and industries that are targeting this market segment -- and how well they're faring. Some 78...