Category: Economics

Fed chairman Ben Bernanke told Congress today that he's worried about massive federal budget deficits: June 3 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said large U.S. budget …

The direction the fiscal winds are currently blowing is not good for the Obama Administration's massive spending plans: As Kim noted yesterday, heavy losses in the financial markets, combined …

As an addendum to Michael's post below, some additional thoughts on yesterday's bond market mayhem. This week the United States Treasury began selling $100 billion in new bonds to …

No, no, no ... the bond markets. Read on, please. Basically two things are going on with bonds right now. But to explain them, maybe I should first talk...

As predictable as the sun rises in the east and sets in the west, the tax revenues drop during a recession. But this recession is no run of the …

Lorie's newest column at American Issues Project is now up. Today she writes about how Americans are beginning to wake up to the dangerous government spending that will implode …

Arthur Laffer and Stephen Moore have written a great opinion piece in today's Wall Street Journal that serves as a reminder of what happens when state governments tax the …

Barack Obama is warning us about our debt load, as if our massive debt just magically appeared one day. He is the one who is responsible for our outrageous …

I have a column at American Issues Project about what might happen if people treated government as they do corporations.From the time Barack Obama was sworn into office he …

As I noted last week, Hugo Chavez seized yet another chunk of Venezuela's oil industry this weekend, since it is apparently much more economical for the government to steal …