News
WSJ | Greek Austerity Pressure Rises
Greece's Parliament narrowly approved a law Wednesday that gives the government greater flexibility to privatize the country's public utilities as euro-zone finance ministers all but ruled out a proposal to reduce the amount of debt that Greece owes them.
Econ Comments & Analysis
WSJ | Your Tab for the Debt
For the past three decades, the conventional wisdom in Washington has been that no one ever lost an election running up the debt. That's because the debt—which stood at less than $2 trillion in the early 1980s and now is near $16 trillion—is an amorphous concept. Everyone knows it's bad but no one has any concept how it affects them personally.
