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macro

Can I borrow 20 Trillion?

How To Balance The Federal Budget

The United States has not balanced the federal budget since 2001, in fact the federal budget was only balanced for 1998, 1999, 2000, and 2001 since 1970! Also, in every one of those years the budget only balanced because Social Security revenue was greater than expenditures and the government used …

Can I borrow 20 Trillion?

You Can’t Legislate Prosperity

I say it all the time, “The Number 1 rule of economics is people respond to incentives.”  Anytime legislation is passed that requires employers to do something in regards to its employers the employers will find the least costly option available.  The law requiring companies to pay time and half …