Budget Myths versus Reality

November 7th, 2011

By Tom Carter Robert J. Samuelson has been thinking and writing about business and economics for more than 40 years, but he isn’t an economist.  That’s in his favor because he’s free to research and evaluate facts unencumbered by the vague theories and detachment from reality that plague economics, known for good reason as “the […]


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Can the Euro Survive?

May 8th, 2010

By Tom Carter The euro is under severe pressure right now, primarily because of economic problems in Greece, and several other countries are likely to present the same kinds of problems in the near future.  There’s an excellent article in Newsweek that details the problem and discusses why it’s of worldwide importance.  Most Americans aren’t […]


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And The Spending Continues….

February 7th, 2010

By Brianna Aubin The House of Representatives voted to increase the debt ceiling by $1.8 trillion last Thursday, which combined with the Senate vote on January 28th, will raise the nation’s national debt to approximately $14.3 trillion. Every single Republican in both the House and the Senate voted against the increase in spending, a fact […]


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The Potential for a U.S. Default

January 16th, 2010

By Tom Carter Hmmm.  I find myself in the unusual position of mostly agreeing with Pat Buchanan twice in rapid succession.  In Is a U.S. Default Inevitable?, he takes a quick macro look at the financial situation of the U.S. and concludes that things are pretty bleak. His analysis can be criticized for being short on […]


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