Evaluation of U.S. Debt Crisis Deal

  Yesterday saw a deal reached to raise the U.S. debt issuance limit, potentially averting a fiscal crisis.  Here is my evaluation of the U.S. debt crisis deal. Details: Amount of the deal: $2.4 trillion in debt ceiling rise and $2.4 trillion in spending cuts...

U.S. Economy Up or Down?

  One month ago there were simultaneous indications of an accelerating, and slowing, U.S. economy.  Yesterday and today we have a similar situation with an improving jobs situation and a tepid reading on gross domestic product (GDP).  The question: is the U.S....

U.S. Taxes Lowest Since 1950

  Since THE story of the moment is the U.S. budgetary crisis I plan on exploring this story’s many angles until this issue is no longer a crisis.  Today I wanted to talk about the revenue-side of the U.S. budget deficit and total debt problem.  That’s...