All Commentary
Tuesday, April 19, 2011

S&P Issues Negative Outlook for U.S.


“Wall Street sent Washington officials a concrete signal that it’s worried about long-term deficits on Monday, with Standard & Poor’s unveiling of a new ‘negative’ outlook on U.S. debt.” (The Hill)

Warning. Warning.

FEE Timely Classic
“What Spending and Deficits Do” by Henry Hazlitt