Tag Archives: debt

How American Government’s Supposed to Work

It appears things are finally reversing course.  After years of expanding, the bull market in government may have finally hit an inflection point.  This is great news.  For a reduction in the size of government compared to the overall economy … Continue reading

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Committed to Mass Public Spending

Yesterday President Obama said a government shutdown “would throw a wrench into the gears of our economy.”  Here at the Economic Prism we say, “Bring it on.”  For a wrench caught in the gears is just what’s needed…especially if the … Continue reading

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End Stimulus Now!

A dreary jobs market, stagnant GDP, declining household income, falling wages, workforce reduction, anemic production…  You name it.  The economy’s clunking down the road like an old Cutlass Supreme. No matter what fixes are made, the thing can’t seem to … Continue reading

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Stock Market Shangri-La

The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading

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