“Debt” Ceilings for Dummies
Beautifully simple are a sovereign nation’s sectoral balances. They readily demonstrate that the government’s negative is the public’s positive, and vice versa.
Beautifully simple are a sovereign nation’s sectoral balances. They readily demonstrate that the government’s negative is the public’s positive, and vice versa.
Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.
I promise to stop when the battle is won. Until then, here’s another attempt to improve understanding and shift our broken thinking about government “deficits.”
What’s New REAL PROGRESSIVES is always progressing. Here’s what’s new for us lately and what we’re working on. Uniting and Fighting for Social and Economic Justice in the Age of Trump ZOOM LINK Join Real Progressives and Real Progress in Action on Wednesday, February 19th, at 9 pm ET for a Zoom call presentation. Special …
Sixty-one million people receive social security benefits, forty-four million people use Medicare, with seventy million people enrolled in Medicaid and CHIP.
People often dismiss economic conversations assuming they understand the basics. The government collects taxes, spends that money and then some, causing deficits. Then, the Government borrows money to cover the deficit…
The mystery is, while all this perpetual haggling and hand-wringing is happening, no one seems to be knocking on America’s door asking to be repaid.
and why we should look to our board of directors to straighten it out.
While our attention is on the chaos and consequences of debt ceiling crises, is a good time to consider how we might eliminate them entirely. Here’s a rundown on the four most important methods one can use.