All Commentary
Monday, November 7, 2011

Government Borrowing Overwhelms Private Debt Reduction


“The sharp rise in federal borrowing is overwhelming efforts of consumers to reduce debt, leaving the economy deeper in debt than when the recession began in December 2007, a USA TODAY analysis finds.” (USA Today)

How long before they raise the debt ceiling?

FEE Timely Classic
“The Evil of Government Debt” by Sheldon Richman