US Fiscal Policies – Schirach Report

Sinking Japan Keeps Adding To The National Debt Japan has no trouble selling 30 year bonds at a nominal interest rate

WASHINGTON – As we Americans watch with growing concern our crazy presidential elections politics, other crazy things are happening...

Republican Voters Want Change, Forget About Experience Trump and Carson are leading in the polls. And yet both of them are unprepared to be President

WASHINGTON – Yes, Donald Trump is still the number one preference among likely Republican primaries voters. And the rich...

America Needs Good Pro-Growth Structural Reforms Let's go back to Simpson-Bowles. We need action on fiscal and tax issues, deregulation and public education

WASHINGTON – After the August 24 sell off, there was no real bounce back. The US stock market regained...

In America Politics Is Theater Donald Trump does well because he is outrageous. Jeb Bush is dismissed as boring and unappealing

WASHINGTON – Along with 24 million Americans, I watched the TV debate organized by Fox News in Cleveland, Ohio featuring...

The Real Problem With Welfare Is Dependence, Not Cost People accustomed to receiving public assiatnce lack the motivation to face any challenge on their own

WASHINGTON – The standard argument in favor of the welfare state and its multiple entitlement programs is that modern, relatively...

Bernanke Says “Highly Accomodative Policies” Still Needed, And Markets Shoot Up It is bad when Central Bankers, rather than economic fundamentals, move markets. We end up with fake valuations

By Paolo von Schirach July 11, 2013 WASHINGTON – No, America, the Fed is not going to remove the...

Lower Taxes May Help Attract New Investors – But Much, Much More Is Needed

By Paolo von Schirach May 1, 2013 WASHINGTON – The FT has a rather prominent story on how the...

Critics of Rogoff-Reinhart Argue That High Levels Of Debt Do Not Produce Ill Effects – So, Let’s Go Ahead And Borrow Some More

By Paolo von Schirach April 30, 2013 WASHINGTON – Economists Kenneth Rogoff and Carmen Reinhart came up with a...

America’s Problem: Half The Country No Longer Believes In The Virtues Of Free Market Capitalism More entitlements seem more appealing. However, low growth and high spending will inevitably lead to national decline; just like in Europe

WASHINGTON – America’s biggest problem –as the recent presidential elections have demonstrated– is that a bit more than half...

Obama’s Social Justice Agenda Is Unaffordable – But The Republican Message Of Fiscal Responsibility Has No Traction The country does not appreciate the combined threat of high debt and low growth

By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/01/21/obamas-second-inaugural-address-focused-on-equality-issues-noble-goals-however-unless-the-american-economy-grows-while-washington-fixes-spending-and-taxes-there-will-be-nothing-to-redistribute/ January 22, 2013 WASHINGTON – President Obama’s priorities, as outlined in his...