Browsing: budget deficits

How Much of the Stimulus Money has Already Been Spent?

One of the (many) problems with using big increases in federal government spending as an economic stimulus tool is timing. You can’t appropriate and spend…

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A Simple Guide to Understanding Budget Deficits and Interest Rates

Note: When I wrote this explanation of budget deficits and interest rates just a year ago as a chapter of my book, Lessons from a…

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Time to Think About the Next Story-Inflation, Rising Rates, Commodity Prices, Weak Dollar

The credit crisis is all you hear about from officials in Washington and from talking heads on TV. Indeed, the credit shortage is still alive…

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Restructuring Government Balance Sheets–Where are the Real Assets?

California’s budget mess is front page news. Some are trying to figure out whether they can (or will) cut spending enough to live within their…

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