by Daniel White | Jan 6, 2025 | Economy
January 6, 2025 Our governmental debt is getting so big that I don’t think we’ll be able to grow our way out of this situation. While economic growth as a sole solution to our debt problem always seemed like a long shot, it’s now as if growth won’t be able to do much...
by Daniel White | Dec 30, 2024 | Economy
December 30, 2024 Uncertainty stems from the simple fact that change is hard. Everything President Trump wants to do in the next four years will face powerful opposing forces – and not always Democrats. That will include fixing our debt problem, which in my view is...
by Daniel White | Dec 23, 2024 | Economy
December 23, 2024 Inflation is far from dead. And that should give people – especially frothy stock investors – some motivation to back away from their exuberance. The October consumer price index’s 2.6% monthly increase is up from the prior month’s rate. Also, core...
by Daniel White | Dec 16, 2024 | Economy
December 16, 2024 It’s apparent we have a politically divided nation. That said, for many Americans, the future is bright. They’re reveling in the fact that Donald Trump won the presidential election, and that Republicans swept Congress. But what is the chance a...
by Daniel White | Dec 9, 2024 | Economy
December 9, 2024 President-elect Donald Trump and the Republicans will soon own the same economic problems they talked about on the campaign trail. After all, it’s not like our big challenges will magically disappear overnight. For instance, U.S. debt is growing twice...
by Daniel White | Nov 25, 2024 | Economy
November 25, 2024 There’s a bull market happening right now, but it’s not in stocks. I’m talking about the bull market that’s occurring in bankruptcies. This year’s second-quarter data for Chapter 11 bankruptcy filings shows 2,462 defaults among U.S. corporations,...