Tag: government debt

America Borrows Another $2.3 Trillion

There are many reasons for the current U.S. debt, one being that Congress has reduced its constitutional budget duty to a legislative bargaining tool.

America Avoids a Debt Crisis

Thanks to its masterful monetary policy, the Federal Reserve has given Congress a great window of opportunity to get its fiscal house in order.

Bad Idea: ECB Cuts Interest Rates

Central banks returning us to very low interest rates could encourage more government debt, risking another inflation episode.