Tuesday, September 9, 2014


Econ Comments & Analysis                                                                                            
The Washington Times | USDA’s lesson in failed stimulus
President Obama's stimulus plan will be remembered for decades - not for what it did for the economy, but what it did to the economy.
Real Clear Markets | The Budget Crisis Could End In One Of Two Ways
Since publication of the first volume of Restoring Fiscal Sanity in 2004, a small group of budget experts from Brookings and several other think tanks have been predicting that the budget crisis, not yet fully realized in 2004, could end in either of two ways.
CBO | Monthly Budget Review for August 2014
The federal government ran a budget deficit of $589 billion for the first 11 months of fiscal year 2014, the Congressional Budget Office (CBO) estimates—$166 billion less than the shortfall recorded over the same period last year.

Wall Street Journal | Consumer Borrowing Accelerated in July as Credit-Card Borrowing Rose
Consumer borrowing accelerated in July as Americans took on more credit-card debt and other loans.