deficit

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DOGE Requires Rethinking, Reform and New Initiatives Before US Debt Market Collapses

That DOGE is routing out all this fraud and misallocation of resources is good and necessary, but like the withdrawal that the drug addict goes through to get healthy, the United States may have to pass through extraordinary pain and upheaval to regain stability and genuine economic health. And as DOGE digs up and uncovers more, and this truth comes out, investor confidence in the U.S. debt market may get rocked. Read More ›

Normalize U.S. Economy

U.S. stock prices have just reached record highs, erasing the losses since the previous 2007 peak. But the U.S. economy as measured by the labor-force participation rate, which captures the percentage of working-age people in the labor force, has just dropped to a new 34-year low of 63.3 percent. Since the Great Depression, recessions have always been followed by strong Read More ›

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The Deficit Bugaboo

Are we better off having lower taxes on interest, dividends and capital gains (and other taxes on capital) or having a lower deficit? Obscure as it may seem, this is the central economic debate being fought in the political arena. To fund any given level of government spending, our political leaders have to choose how much of the spending should Read More ›