deficit

The twenty-fourth hour approached and a deal was finally made. But it was hardly finished, more like a temporary piece of tape for a blown out tire. Except the tire is the U.S. public debt and the piece of tape is an acceptable Presidential proposal in order to help the U.S. government vehicle keep...

The twenty-fourth hour approaches and a deal is finally made. Despite the deal being done, it was hardly finished, more like a temporary piece of tape for a blown out tire. Except the tire is the U.S. public debt and the piece of tape is an acceptable Presidential proposal in order to help the U.S...

“The United States is trying to maintain a kick the can approach to our fiscal problem,” observes Graham Summers, chief strategist at Phoenix Capital Research. The problem in question is, of course, our towering deficit. And unfortunately US financial authorities are more than willing to break the...

Since the beginning of the financial crisis in the fall of 2008, the United States government has been on a non-stop stimulus, quantitative easing, and asset support campaign unprecedented in scale and reach. Think about that for a second. Over the past 2 years the United States (along with...

Despite all of the progress we have made over the past 18 months, renewed concerns over the sustainability of the tepid economic recovery are rising. Concerns about Greece and then Portugal, followed by Germany's ban on naked short-selling and euro concerns, have pushed the stock market down in...