Archive for February, 2013

Wasting Away in Washingtonville

Wasting Away in Washingtonville

As an entrepreneur and business owner, I run my business based on a basic guiding principle: Return on investment (ROI). In other words, for every dollar I spend, what do I hope to get in return? Every successful organization uses this as a yardstick for profitability — except one: the federal government.

Total federal debt in 2012 surpassed $16 trillion, while federal spending reached $3.6 trillion, or 22.9 percent of a share of the overall economy. This equates to $10 billion ...

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