Part one of a two-part series. “There is nothing normal about the nature of this cycle.” …
The Globe’s New Math
The headline in a recent edition of The Boston Globe read, “White House proposes $4.4 trillion budget that adds $7 trillion to deficits.” That a $4.4 trillion budget could produce…
Pick One: More Government or Lower Taxes
What’s the best way to boost economic growth – more government spending or lower taxes? Government spending is the Keynesian approach, which was taken over the past eight years. Build…
An IOU World
Investment performance made most investors a bit grumpy by the end of 2015, given that virtually every asset closed the year down a bit. During 2016, grumpiness is giving way…
Why Worry About Climate Change When You’re $18 Trillion in Debt?
Which crisis scares you more – climate change or our growing debt? Climate change certainly receives a lot more attention in the media and a lot more attention from politicians,…
AP Poll: Americans Want Less Economic Growth
Well, here’s a shocker. A new AP poll shows that a majority of Americans want a higher minimum wage. They also want paid sick leave and parental leave, free community…
Too Much Interest in Interest Rates
There has been much market panic of late over the possibility that the Federal Reserve Board will be raising interest rates sometime in the not-too-distant future. Small cap stocks were…
Only a Half Trillion Dollars
It’s a sign of how much trouble we’re in when a budget deficit of a half trillion dollars seems like fiscal restraint. It is progress, given that annual budget deficits…
No, We Can’t
Someone had blunder’d: Theirs not to make reply, Theirs not to reason why, Theirs but to do and die. …