Posted in bailouts demand Economics Economy federal spending Government Spending Keynesian Keynesian economics National Debt stimulus

Why Economic ‘Stimulus’ Only Makes The Economy Worse

While it remains a favorite policy prescription for politicians eager to appear as salvific heroes in times of need, it is untenable as a serious…

Continue Reading Why Economic ‘Stimulus’ Only Makes The Economy Worse
Posted in Chris Bedford debt Donald Trump Federal Reserve Finance House of Representatives Jerome Powell loans Loretta Mester National Debt Quantitative Easing The Federalist Wuhan virus

Federal Reserve Announces $700 Billion Asset Purchases, Cuts Interest Rates To Zero

The nation’s central bank stated in an emergency that it was ‘prepared to use its full range of tools’ to keep the economy afloat.

Continue Reading Federal Reserve Announces $700 Billion Asset Purchases, Cuts Interest Rates To Zero
Posted in budget deficits cbo Congressional Budget Office Economy federal debt National Debt Politics

CBO Projects Federal Debt To Rise to $31.4 Trillion

The CBO forecasts a $1 trillion budget deficit this year and an average of $1.3 trillion over the next ten years.

Continue Reading CBO Projects Federal Debt To Rise to $31.4 Trillion