Tag Archives: debt ceiling

March to Default

Posted on March 24, 2017 by MN Gordon

“May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading →

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The Long Run Economics of Debt Based Stimulus

Posted on March 17, 2017 by MN Gordon

Something both unwanted and unexpected has tormented western economies in the 21st century.  Gross domestic product (GDP) has moderated onward while government debt has spiked upward.  Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 4 Comments

A 30 Year Mess in the Making

Posted on March 3, 2017 by MN Gordon

“We have assembled a best-in-class team of policy advisors to drive President Trump’s bold plan for job creation and economic growth.” Gary Cohn, Chief Economic Advisor to President Trump Promises of Slop The art and science of spending other people’s … Continue reading →

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Abolish the Federal Debt Limit

Posted on October 16, 2015 by MN Gordon

One trouble with government programs is they mislead people.  Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way.  Time and time again, under the influence of a benevolent hand of government, … Continue reading →

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