A Brief and Basic Primer On the Federal Debt

Knowing that the trillions spent on pandemic relief will accelerate the growth of the federal debt, we can ask where we will get money.

Where State Money Can Come From

Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.

What Can We Learn From Japan?

Looking back at the Japanese economy and ahead at the United States, we can ask if we will have similar fiscal and monetary results.

Apples, Oranges, and the Global Covid-19 Fiscal Response

Trying to compare the incomparable, we sometimes say it’s like apples and oranges because they are so different. It turns out that they aren’t that different but they’re not really similar either:   The same is true for the Covid-19…

How Present and Past Social Spending Could Connect

At more than $2 trillion, the cost of the March 2020 CARES (Coronavirus Aid, Relief, and Economic Security) Act was double what we spent on Social Security in 2019. As a pandemic relief package, CARES Act checks were directed toward…

Six Facts That We Need to Know About the Federal Debt

Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.

The Country That Was Called a Serial (Debt) Deadbeat

When an emerging markets nation like Argentina has a vulnerable economy, then the pandemic lockdown can create a sovereign debt default.

What Would John Maynard Keynes Have Said About Stimulus Spending?

To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.

The Huge Social Security Contradiction

Because saving Social Security takes us to a conflict between math and politics, the Congress has has a tough time selecting solutions.

Where Grandma Isn’t Smiling

When an Australian business school scored the pension income systems in 37 countries, they gave many more C grades than anyone would like to receive.