What Does The Growing National Debt Mean To Dairymen?

The US National debt continues to grow. Progressive Dairyman highlights the looming issues of this continued growth and how the debt will impact all citizens.


One of the biggest problems about the current fiscal situation is that foreign countries control a large portion of the debt, leaving the U.S. in a precarious position. Eventually the federal debt may get so high that the U.S. would be seen as a bad credit risk.

What is needed to tackle the issue? Higher taxes, cutbacks in programs, and serious leadership.


Tough decisions will need to be made for cutting spending but also to raise revenue – meaning taxes. Without considering taxes somewhere, it is unrealistic that the federal budget can be balanced.

Is there leadership out there to take on the issue before the ability to execute on viable options disappear?

DairyCast 0229, Futurist viewpoint on the economy and the globalization of the beef business from Dr. Lowell Catlett

Download mp3DairyCast 0229 Show Notes:

  • Dr. Lowell Catlett, Regent's Professor and Dean of the College of Agricultural, Consumer and Environmental Sciences at New Mexico State University, offers his futurist viewpoint on the economy and the globalization of the beef business.

2007 Silage Specific Leadership Conference, Wonderful Future of American Dairy, by Dr. Jay Lehr, audio only

Wonderful Future of American Dairy, by Dr. Jay Lehr.
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DairyCast 0031b February 2 2007

DairyCast 0031b Show Notes:
  • Author of "The World Is Flat" updates his writings in a discussion at MIT on this special episode of DairyCast. How technology has changed the social and economic situation world-wide.

DairyCast 0030 for January 30, 2007

DairyCast 0030 Show Notes:
  • Are you on Cow Time? Keeping track of how your herd time is budgeted may show up in improved production.
  • Farm transitioning is the purpose of the North Carolina Farm Transition Network. Good ideas to help you through these important considerations.
  • Pioneer's Bill Mahanna shares on the update to Milk 2000.
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