The Radford Free Press – Page 416 – All life is problem solving.

Economics / deficits, federal deficits, fiscal policy, GDP, stimulus, tax cuts /

Federal Budget Woes

February 2, 2010

Everyone, it seems, is now alert to the state of the federal budget. Apparently we are drowning in a sea of red ink, and, according to some, the deficit presages the decline of American influence and power. I don’t see it that way. Our decline, if there is any, has a very different source. We […]

Economics / bailouts, bank reform, banking, Goldman Sachs /

Boring Banks: Canada Style?

February 1, 2010

I am all for boring banks. The more boring the better. We could even press the limits of boring and go all the way to Canadian levels of tedium. That seems to be a theme in the press nowadays so I thought I would provide you with the necessary links: Here’s Paul Krugman channeling the […]

Economics / deficits, Federal Budget, fiscal policy, GDP, stimulus /

The Deficit: Background Information

February 1, 2010

One of the most annoying things I come across as I talk about the economy is just how little the average voter knows about it. We are asked to form opinions and then vote of policy options based upon a very flimsy understanding of what the situation is. In the current fraught political atmosphere, and […]

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