Thom Hartmann, progressive radio talk show host, and US Senator Bernie Sanders, (I-VT), discuss pitfalls for debt reduction and how ending the Bush tax cuts would balance the budget.

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Are debt reduction and economic growth compatible? Many believe that this is a valid concern for investors today. At the last minute the US congress appears ready to pass legislation temporarily increasing the debt ceiling. This will be coupled with substantial reductions in social and military programs. The staggering multi-trillion dollar US debt has been a drain on the US economy and a threat to economic growth. The prospect of a debt reduction is encouraging for US investors. However, an abrupt decrease in national cash flow could lead to economic contraction. Here is where the concern about debt reduction and economic growth lies for many investors. Fundamental analysis of the situation starts with defense stocks as the president has promised troop withdrawals from Iraq and Afghanistan. No new military involvement is on the immediate horizon. That will likely mean fewer bullets and, probably, a reduction in manpower. It may also mean a reduction in research and development for new weapons systems as the nation attends to concerns at home. Stocks of defense contractors will likely feel the pinch of reduced military appropriations. The reductions in military spending will likely also have a ripple effect throughout the economy. Less money spend on military salaries or on paying engineers to develop high tech weapons means reduced spending throughout the economy. In this regard there will be an inverse relationship between debt reduction and economic growth. Social …

Technorati Tags: debt reduction, Economic Growth, Investing Tips

Are debt reduction and economic growth compatible? Many believe that this is a valid concern for investors today. At the last minute the US congress appears ready to pass legislation temporarily increasing the debt ceiling. This will be coupled with substantial reductions in social and military programs. The staggering multi-trillion dollar US debt has been a drain on the US economy and a threat to economic growth. The prospect of a debt reduction is encouraging for US investors. However, an abrupt decrease in national cash flow could lead to economic contraction. Here is where the concern about debt reduction and economic growth lies for many investors. Fundamental analysis of the situation starts with defense stocks as the president has promised troop withdrawals from Iraq and Afghanistan. No new military involvement is on the immediate horizon. That will likely mean fewer bullets and, probably, a reduction in manpower. It may also mean a reduction in research and development for new weapons systems as the nation attends to concerns at home. Stocks of defense contractors will likely feel the pinch of reduced military appropriations. The reductions in military spending will likely also have a ripple effect throughout the economy. Less money spend on military salaries or on paying engineers to develop high tech weapons means reduced spending throughout the economy. In this regard there will be an inverse relationship between debt reduction and economic growth. Social …

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Congressman Blackburn talks about efforts to cut wasteful Washington spending.

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US Rep. Judy Biggert (R-IL-13) expresses support for the bipartisan debt ceiling compromise which will give Americans the peace of mind they deserve by preventing a default, cutting spending, and holding Congress and the President accountable for spending decisions down the road.

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Fox Chicago anchor Anna Davlantes interviews Rep. Biggert on the debt reduction deal and the July jobs report.

What did President Obama say yesterday about reducing the deficit in America? Fox and Friends broke it down for you. For more, go to www.foxnewsinsider.com.

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Visit: MeTee.com Support this Youtube channel and Design & Publish a T-Shirt using the link above. This channel is brought to you by MeTee T-Shirts: The place for on-demand t-shirts. T-shirt design in seconds & always free shipping. – Saturday July 30 2011 1:06 pm www.cnn.com Mel Colm-Cille Gerard Gibson, AO (born 3 January 1956) is an Australian-American actor, film director, producer and screenwriter. Born in Peekskill, New York, Gibson moved with his parents to Sydney, Australia when he was 12 years old and later studied acting at the Australian National Institute of Dramatic Art. After appearing in the Mad Max and Lethal Weapon series, Gibson went on to direct and star in the Academy Award-winning Braveheart. In 2004, he directed and produced The Passion of the Christ, a controversial, yet successful, film portraying the last hours in the life of Jesus. In recent years, remarks by Gibson have generated accusations of homophobia, antisemitism, racism, and misogyny; he has apologised repeatedly for the statements and denied that they represent his real opinions. – Like/Dislike, Comment, Favorite and share on Twitter, Facebook, and Google+ to get the word out on this video. Signup for the Daily News Email Subscription: tinyurl.com If you are interested in becoming a channel sponsor for /day for 30 days send a Youtube Private Message letting me know.

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US Senator Lamar Alexander (R-Tenn.) today spoke on the floor of the Senate in support of the debt-reduction agreement: “At a time when the federal government is borrowing 40 cents of every dollar it spends, this is a welcome change in behavior which I am glad to support. …This time, for every dollar we are raising the debt ceiling, we are reducing spending by a dollar.”

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“What we’re trying to do is solve the problem. Not only for the near-term, but for the long-term.”

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