How Can Western Countries Get Out of Debt? Only By Paring Down Unsustainable Entitlement Programs – A New Social Contract
By Paolo von Schirach May 1, 2010 WASHINGTON – In the case of Greece’s nasty fiscal debacle, everybody’s focus has...
Tag: US Fiscal Policies
Greek Profligacy and the Myth of Cost Free Welfare
WASHINGTON – the Greek public sector deficit crisis has attracted inordinate media coverage largely because it broke out all...
Washington Cannot Invent Jobs
WASHINGTON – With John Maynard Keynes once again in the most favorite list, and in a prominent place, America...
US Foreign Policy in The Age of Penury
By Paolo von Schirach August 29, 2009 WASHINGTON – Afghanistan is a huge mess. According to most informed experts,...
The New American Recovery
WASHINGTON – “Have we touched bottom yet”? “Green shoots for the US economy”? These and similar questions popping up...
“An Opportunity Society” As The New Frontier
WASHINGTON – Right in the middle of this deep crisis, President Barack Obama is presenting bold, new long term...
Obama’s Big Plan Needs a Truly Loyal Opposition
WASHINGTON – Let’s give President’s Obama budget proposal and bold blueprint for addressing and hopefully fixing a number of...
The End of The US Overspending Addiction?
WASHINGTON – One major factor that caused the current US economic crisis is excessive consumer spending. Excessive spending in turn yielded an unsustainable level of personal...
America: Terminally Addicted to Debt?
WASHINGTON – In the midst of this unprecedented maelstrom caused mainly by overleveraging on the part of everybody, financial...
The “Fundamentals” of the US Economy
WASHINGTON – Senator John McCain has been repeatedly mocked by his opponent, Senator Barack Obama, for having stated very...