The Debt vs. Interest Rate Conundrum
It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.
It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.
Jeff Goode | Posted 07.24.2008 | Home
After the results of President George W. Bush's "market force" plan hits it's mark will he also brag about the result of getting people to cut back on food? And, at the end of his reign, Bush's delusional thinking will probably even let him claim victory.
Jared Bernstein | Posted 06.02.2008 | Politics
In Buddhism, the notion of balance is central. Over the Bush years, there has been a damaging drift toward absolutism. You're with us or against us, diplomacy is appeasement, tax cuts forever, the axis of evil, and markets always work best (and government, worst).
Michael Pento | Posted 11.17.2008 | Business