Tag Archives: president donald trump
Fire the Fed, Raise Tariffs, and Hope for the Best
President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion. Continue reading
Be Careful What You Wish For
If foreign investors reduce their holdings of U.S. Treasuries, then who will pick up the slack? If foreign central banks are not buying Treasuries, how will the government finance its debt? Continue reading
Trump’s MAGA Policies of Wealth Destruction
Trump appears to understand the unfavorable realities of America’s debt problem better than past presidents. He’s also the first president to attempt to tackle the problem head on. Continue reading
Federal Workers Sing the Blues
Suppose you were an average student in high school without any real academic focus. Your guidance counselor told you that college graduates earn more over their working lives than their peers who only graduated high school. Continue reading
