There has been a remarkable turnaround in the perception of the dangers of public deficits and debts. This has gone from extreme alarm at the beginning of the decade towards a remarkable relaxation in the worrying about public finances. While much of this relaxation is caused by politics, there is actually some sound economics behind […]
May 28th, 2019 · Comments Off on Ever-Higher Debt
July 4th, 2018 · Comments Off on The Trump Economy Half A Year After The Tax Cuts
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 […]
March 30th, 2017 · Comments Off on Blowing Up The Deficit
There are good reasons to assume that Trump’s tax cuts aren’t likely to increase economic growth by all that much. But they are likely to blow up the budget deficit and run into a more active Fed. The combination of loose fiscal policy and tightening monetary policy will lead to higher rates and capital inflows, […]
December 12th, 2016 · Comments Off on Is Trump Going To Bankrupt America?
February 7th, 2014 · Comments Off on Is The U.S. Bankrupt?
Despite favorable demographics, a relatively small tax base and a small welfare state compared to other advanced nations, many people are alarmed at the level of public sector deficits and debts. These worries have led to the implementation of considerable spending cuts already, spending cuts, which the IMF! have classified as “excessively rapid and ill-designed.” […]
October 14th, 2013 · Comments Off on Ron Paul Proposed A Fed Masterstroke That Can End The Debt Ceiling Crisis At Once! – Seeking Alpha
While the fight on the debt ceiling continues with the White House unwilling to give in to what they see as extortion which could set a bad precedent for future negotiations and the Republicans unwilling to walk away with this without at least some concessions, is there any way out of this? via Ron Paul […]
January 16th, 2013 · Comments Off on Does The U.S. Have A Public Spending Problem?