By Peter Schiff
For much of the past few generations, the debate over balancing the
federal budget has been a central feature of every presidential
campaign. But over time, the goalposts have moved. As the amount of red
ink has grown steadily larger, the suggested time frames to restore
balance have gotten increasingly longer, while the suggested cuts in
government spending have gotten increasingly shallower. In recent years,
talk of balancing the budget gave way to vague promises such as
“cutting the deficit in half in five years.” In the current
campaign, however, it appears as if the goalposts have been moved so far
that they are no longer in the field of play. I would argue that they
are completely out of the stadium.
Click here to read more>>>>>
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF

Popular Posts This Month
-
Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
-
by Peter Schiff Strike up the band, boys, happy days are here again! Recently released short-term economic dat...
-
Once again, someone Cenk Uygur trying to debate Peter Schiff simply lacks the finance and economics knowledge to do so . The Young Turks al...
-
Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive Lessons from the Crisis: The Limits...
-
The Free Fall of the Dollar : “When the U.S. decouples, the world will thrive,” “The world doesn’t need our consumption, we need their produ...
-
Peter Schiff today directly from Las Vegas will talk exclusively about the minimum wage new law "one of the stupidest laws in active ...
-
Minimum Wage, Maximum Stupidity By Peter Schiff In a free market, demand is always a function of price: the higher the price, the lower the ...
-
In the wake of the Cyprus banking crisis, Peter Schiff of Euro Pacific Precious Metals says, "There's no question a crisis is on it...