A Short History of US Credit Defaults
A credit default is not unprecedented. One occurred as early as 1777 and another as late as 1979.
U.S. Economy
Displaying 1351 - 1360 of 2062
Lower the Debt Ceiling
If Congress passed legislation that systematically reduced the debt ceiling over time, the economy could be rebuilt on a solid foundation.
The Civil War Tariff
The high duties which the war caused to be imposed, at first regarded as temporary, were retained, increased, and systematized.
Small Business and the Jobless Recovery
If the financial position of small business does not improve, neither will the employment picture.
Roger Williams’s Unintentional Contribution to the Creation of American Capitalism
Puritan settlers in New England, previous to Williams' influence, were effectively unanimous in their opposition to market economics.
The Misguided Bond Gurus
Where do the government-bond-investing gurus think government gets the money to run up astronomical deficits?
The Case against Raising the Debt Ceiling
If the government merely returned to its 2003 spending levels, then the current revenue stream would be enough to pay for everything.
The Next American Revolution Won’t Be Like the First
Is a second American revolution imminent? Frankly, I doubt it.
Did the Recession Ever Really Go Away?
Housing prices hitting 2002 levels, unemployment still at 9 percent, private-sector job growth flat, and retail sales still struggling: these are headlines that few expected three years ago. The stimulus was a gigantic, wasteful, destructive flop.
