The U.S. government has a love/hate relationship with the $1 coin. At the same time as the U.S. Mint is scaling down …
deficits
How the U.S. Can Avoid a Lost Decade
Today’s global problems could paralyze the U.S. economy and stock markets for the next 10 years – but that can be prevented.
Congressional Budget Office: Get Used to 8% Unemployment
If you’re looking for good news from the Congressional Budget Office’s annual summer update of its budget and economic outlook, which was released today, there’s always this: at least the CBO isn’t predicting that double-dip recession. According to the non-partisan agency that provides economic data to Congress, real GDP will …
Our Real Debt Problem
On Friday, I posted a piece on the U.S. debt and how we are creating a false crisis given current interest rates and our ability to manage that. Judging from the responses, you would have thought I was penning a piece in defense …