us economy
Fiscal Cliff Fear Factor
The so called “fiscal cliff” is likely to be in the news for some time as Democrats and Republicans begrudgingly negotiate a compromise. But, will they negotiate a compromise or will both parties play to the media and their constituencies to the detriment of the American economy and the American people? What we refer to […]
Economic Impact of Debt Default
According to a study by the United States Treasury if the United States government does not raise the debt ceiling the economic impact of debt default will be catastrophic, will last for decades, and will likely plunge the nation into a recession as bad as the Great Depression. Despite the gravity of a potential debt […]