If Not For Austerity…

The American economy is growing every quarter and long-term forecasts are cautiously upbeat. Economists admit that the underlying fundamentals of the economy ought to be better, but generally believe we are no longer threatened by impending freefall. It makes one wonder how much stronger the economy might be… if not for austerity. Continue reading

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Three Budgets, Zero Sense

The United States Congress is now the proud owner of three entirely conflicting budget bills. The House of Representatives passed a Republican-sponsored bill hated by the Democrats. The Senate passed a Democratic-sponsored bill hated by the Republicans. The White House released its own budget proposal, which is of course hated by everyone. Continue reading