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Thursday, October 2, 2014

Budget

Econ Comments & Analysis                                                                                            
Wall Street Journal | Student-Loan Debt: A Federal Toxic Asset
Only about 56% of borrowers are making payments. At the peak of the mortgage crisis, 10% fell behind on payments.
Real Clear Markets | Don't Buy the Hype, Our Budget Problems Haven't Gone Away
Nobel economics laureate Paul Krugman recently assured his readers that the "great fiscal panic has fizzled" and that the concern about debt and deficits had been "a false alarm."
Real Clear Markets | Changing Demographics and the Federal Budget
One of the key themes that has emerged in recent years is the effects of the aging U.S. population on the economy and the federal budget.
Cato Institute | Fiscal Policy Report Card on America’s Governors 2014
The recession of 2007-2009 knocked the wind out of state government budgets, but revenues and spending have grown steadily in recent years.