Half a year after the tax cuts the economy is on sound footing and unemployment at multi-decade lows. Proponents of the tax cuts claim they are responsible for an economic revival. While we don’t exclude the possibility that this revival might still arrive, nothing in the figures suggests that the economy has been propelled on […]
Entries Tagged as 'Public sector deficits and debts'
July 4th, 2018 · No Comments
July 2nd, 2018 · Comments Off on The U.S. Is Broke!
Debt scares once again resurface with US public debt at historically high levels and entitlement spending set to increase further. Some argue the US is basically broke. We will try to show that many of the arguments used are exaggerated and show you a country that should be much more broke, yet is thriving nevertheless. […]
December 12th, 2016 · Comments Off on Is Trump Going To Bankrupt America?
May 29th, 2016 · Comments Off on Is That Italian Time Bomb Under The World Economy Still Ticking?
Two years ago, we warned about one of the biggest threats to the world economy. Is the situation contained? For now it is, but only that – there is some improvement but not nearly enough to relax. In order to defuse this time bomb, Italy needs tailwinds from basically any direction, and for a really […]
April 4th, 2016 · Comments Off on Capitalism is grinding to a halt
April 11th, 2013 · Comments Off on US Federal deficit shrinking fast
As Hatzius notes, the deficit is currently running under half the peak of the fiscal 2009 budget and will probably decline further over the next few years with no additional policy changes. via US Federal deficit shrinking fast.