Econ Comments & Analysis
Motley Fool | Believe It: Consumers Are Shedding Debt
The only thing worse than a financial crisis is not learning anything from one. That sets us up to repeat the same mistakes.
Forbes | Obama's Budget: The Decline and Fall of the American Economy
President Obama’s budget released Monday embodies his policies for economic growth and recovery.
Blogs
The American | To infinity and beyond! This is the debt chart Obama and Geithner should be ashamed of
Testifying before the House Budget Committee today, U.S. Treasury Secretary Tim Geithner told Chairman Paul Ryan the following: “We’re not coming before you to say we have a definitive solution to that long-term problem. What we do know is we don’t like yours.”
National Review | Never Trust Budget Numbers
As we know, most of the spending cuts will never materialize. Also, I suspect that the president’s plan will have a hard time delivering on the promise to increase tax collection above 19 percent of GDP as soon as 2015 and grow revenue to 20.1 percent of GDP by 2022
