Tag Archives: debt
Warming Up the Printing Presses
Trump’s ‘Big, Beautiful Bill’ will add an additional $3.8 trillion on top of what was already projected to be added to the national debt. So instead of the national debt increasing by $22 trillion to $59 trillion over the next decade, it will spike to nearly $63 trillion. Continue reading
When Bank of Mom and Dad Goes Broke
Rising consumer prices, rising unemployment, and a slowing economy are telltale signs of stagflation. This is the ugly scenario that is unfolding before our very eyes. Where a person must work more to get less. And that’s if they don’t lose their job. Continue reading
Bessent Enters the Meat Grinder
Scott Bessent should have kept his mouth shut. He also should have kept his money in his pocket. The billionaire had a good thing going. He was leading a charmed life managing his hedge fund Key Square Group and preserving historic pink mansions in Charleston with his husband and their kids. But that was before he threw his money and support behind Donald Trump’s election campaign. Continue reading
13 Reckonings for America
One of the noteworthy features of the political climate in the USA is the lack of agreement on what the facts are – and how the economy should be allowed to function. Should it be a hands-off laissez-faire economy? Should there be more regulatory intervention? Continue reading
