Money – The focus of this article is on Barack Obama, one of the leading contenders for the Democratic Party's nomination. Of primary interest for traders in the forex markets is his economic policy and forex. This article has discussed everything in details.
"He voted against using the Program Assessment Rating Tool (PART) to pay down the Federal deficit by automatically reducing spending on programs deemed ineffective"
Anyone heard of this rating tool before?
I'll have to do more reading but it seems to defy common sense to continue spending on programs that have been deemed ineffective
Wouldn't we be better off if every Federal program had a sunset provision - 5 or even 10 years? It would force Congress to go back and re-evaluate the program instead of the program being on autopilot for funding and increases in funding every year
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good reporting on difficult topics.