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Blog Entries by Joe Minarik from 07/2010

Social Security for Stimulus: The Trade of the Century

| Posted 07.14.2010 | Business
Read More: Business News

If we do not resuscitate many "dead on arrival" deficit-reduction ideas as part of a larger stimulus compromise, then our economy will be "dead on arrival" -- and distressingly soon.

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An Imbalanced Recovery

| Posted 07.20.2010 | Business
Read More: Export-Led-Growth, American Recovery and Reinvestment Act, United States, China, Current Account Deficit, Global Imbalances, Business News

Before the economic and financial crisis hit with full force in 2008, we warned of the dangers of imbalances in the global economy.

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The Trust Fund and the Baby Boom

| Posted 07.23.2010 | Business
Read More: U.S. Economy, Trust Fund, Economic Stimulus, Social Security, Social Security Crisis, Social Security Trust Fund, Business News

Recently, I suggested a legislative deal in which repair of Social Security's finances would motivate Congress to enact economic stimulus.

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"Good Debt" and "Bad Debt?"

| Posted 07.29.2010 | Politics
Read More: Taxes, Debt, Highways, Supply-Side Economics, Ceos, High Speed Rail, World War II, Corporate-Debt, Politics News

Borrow for "consumption," and you get "bad debt." Borrow for things that increase future economic growth, and that is "good debt." There is no "good" public debt.

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