Apparently, that thing about ostriches sticking their head in the sand is no joke. Nor is it without parallel in the human world. The other day I cited a study by a several prominent economists. Their research argued, quite persuasively, that excessive debt tends to inhibit economic growth. They looked a thirty year period, included the debt levels of […]
The Debt is Too Darn High
September 1, 2011 by Daniel Burton
Filed Under: Entitlement Reform, Fiscal Reform Tagged With: Debt, Economic bubble, Economic growth, it's the economy stupid, Marshall Plan, United States, World War II
Is the recession over, or are there more bubbles?
December 16, 2010 by Daniel Burton
Image via Wikipedia I’m reading “Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown” by Wiedemer, Wiedemer, and Spitzer. They claim to have seen the current recession coming before it happened, the result of the popping of various bubbles in our economy, including in the housing and credit markets. Interestingly, and perhaps most […]
Filed Under: Books and Reading, Laws and Lawmakers Tagged With: Aftershock, Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown, Bond market, Books, Business, Current Events, Democratic, Economic bubble, Government debt, Late-2000s recession, non-fiction, politics, Recession, Republican, Spitzer, US government, Wiedemer
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