Can Washington Borrow and Spend Without Limit?
By Paolo von Schirach — WASHINGTON – Parts of the US are still suffering from the devastating consequences of...
Tag: US Federal spending
No Serious Discussion About Entitlement Reform In The U.S. Posturing and grand standing hide the simple fact that no one in Washington wants to touch federal entitlements
WASHINGTON – Much has been said about the first Trump budget recently released. The expected partisan critiques –in fact...
US Economy and Public Finances Deteriorating – Candidates Talk About Something Else The economic foundations are fragile, while the deficit will start growing again. No plan to change any of this
WASHINGTON – While we wait with trepidation for the outcome of the Iowa caucuses that will finally begin to...
Will The Fed Raise Interest Rates? May Be Not New headwinds suggest no action in December
WASHINGTON – Until a couple of days ago, most economists bet that the US Federal Reserve would finally begin to...
David Stockman: We Are Losing Manufacturing Jobs Higher employment is due mostly to growth in the services sectors, mostly health care and the food industry
WASHINGTON – In his Contra Corner blog David Stockman (Budget Director under Ronald Reagan) has been warning us that...
US: Big Problems Require Long Term Solutions The political process mostly rewards quick fixes
WASHINGTON – America is slowly getting into its political campaign mode. The 2016 presidential elections are getting closer; even though,...
The US National Debt Just Passed The $ 18 Trillion Mark — And Nobody Cares A large and growing debt does not represent an immediate threat. But it weakens the nation. Look at Italy, or Japan
WASHINGTON – With almost no comment by national leaders, major media, economists, financial analysts or federal budget experts, the...