Jamie Dimon on national debt: ‘There will be a bond crisis, then we’ll have to deal with it’
When it comes to national debt, the main lesson hawks want to impress on policymakers is the cost of[……] Read…
Director of the CBO—known for gloomy national debt data—is optimistic that a crisis will be avoided
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy. This fact is[……]…
Next generation of senators inherits a national debt time bomb: Social Security’s insolvency
The Committee for a Responsible Federal Budget (CRFB) has a ticker on its website: The Retirement Tr[……] Read More
The U.S. spends $88B a month in interest on national debt, equal to defense and education spending
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely t[……] Read…
Jamie Dimon: US had home run on national debt, next best option is crisis management
What this borrowing (and its related interest payments) will ultimately mean for the economy remains[……] Read More