Login

Educating Congress and Debunking the White House on the Debt Limit

Whenever there’s a fight over raising the debt limit, the political establishment gets hysterical and makes apocalyptic claims about default and economic crisis. For years, I’ve been arguing that this Chicken-Little rhetoric is absurd. And earlier this week I testified about this issue before the Oversight and Investigations Subcommittee of the House Financial Services Committee. […]

Continue reading Educating Congress and Debunking the White House on the Debt Limit

Distressed Debt: Is The US Economy Heading For A Hard Fall?

At levels not seen since the financial crisis, is distressed debt sending a clear signal?Read the story at LI here. Advertisement 

Continue reading Distressed Debt: Is The US Economy Heading For A Hard Fall?

Summarizing the New Budget Deal: Spend More Now and Promise to Spend Less in the Future

During the 1980 presidential campaign, Ronald Reagan famously said “there you go again” when responding to one of Jimmy Carter’s attacks. Well, the Gipper’s ghost is probably looking down from Heaven at the new budget deal between congressional leaders and the Obama Administration and saying “there they go again.” That’s because we basically have a […]

Continue reading Summarizing the New Budget Deal: Spend More Now and Promise to Spend Less in the Future

Summarizing the New Budget Deal: Spend More Now and Promise to Spend Less in the Future

During the 1980 presidential campaign, Ronald Reagan famously said “there you go again” when responding to one of Jimmy Carter’s attacks. Well, the Gipper’s ghost is probably looking down from Heaven at the new budget deal between congressional leaders and the Obama Administration and saying “there they go again.” That’s because we basically have a […]

Continue reading Summarizing the New Budget Deal: Spend More Now and Promise to Spend Less in the Future

Avoiding Financial Stupidity

While standing on the balcony of a nice hotel recently […]

The post Avoiding Financial Stupidity appeared first on Diane Markins.

Continue reading Avoiding Financial Stupidity

Budget Myths and Facts for the 2016 Campaign

I have a very mixed view of the Committee for a Responsible Federal Budget, which is an organization representing self-styled deficit hawks in Washington. They do careful work and I always feel confident about citing their numbers. Yet I frequently get frustrated because they seem to think that tax increases have to be part of […]

Continue reading Budget Myths and Facts for the 2016 Campaign