Tag Archives: debt

What’s holding back the recovery?

By Adam HershApril 30, 2014 Nearly five years since the start of the business-cycle expansion, the U.S. economy is still struggling to gain traction. Compared to the prior three U.S. expansions, going back to 1982, the economy is recovering at … Continue reading

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America has conquered its debt crisis with incredible speed

By Ambrose Evans-Pritchard12:06AM BST 24 Apr 2014 Americans are purging their excesses one by one. Spending by the US Federal government has seen the steepest drop as share of national income since demobilisation after the Second World War. Claims that … Continue reading

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Why Deficits Don’t Matter.

by Bob VeresOctober 29, 2013 The whole idea that we should control the deficit at all is costing our nation trillions of dollars in lost output. The result is lost income, savings, wealth and prosperity. “As a society, we don’t … Continue reading

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Federal Debt and Deficit Reduction are Junk Economics.

Deficit cutting is still, precisely, the wrong economic policy prescription in the current weak economy of high unemployment. Whether raising taxes or cutting spending, the effect is the same. It may reduce the deficit but it also removes stimulus in … Continue reading

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Quarterly Outlook Summary

Your account, together with the markets, have all been performing well this year as the economic outlook continues to improve. The de-leveraging and debt reduction of the past four years appears to be winding down as consumer and business pent-up … Continue reading

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Japan Breaks with Economic Orthodoxy. Will it Work?

By Paul Krugman January 13, 2013 For three years economic policy throughout the advanced world has been paralyzed, despite high unemployment, by a dismal orthodoxy. Every suggestion of action to create jobs has been shot down with warnings of dire … Continue reading

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