The Only Path Forward for Our Debt

The Only Path Forward for Our Debt

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...
President-Elect Trump Has an Inflation Problem

President-Elect Trump Has an Inflation Problem

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...
We Should Probably Be Patient

We Should Probably Be Patient

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...
New Administration, Same Old Problems

New Administration, Same Old Problems

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...
Increased Bankruptcies Are Undoubtedly Bad for America

Increased Bankruptcies Are Undoubtedly Bad for America

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,...