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Monthly Archives: February 2014

THE FIRST DEBT CRISIS

Posted on February 25, 2014 by ws-admin

The Articles of Confederation were a bust and James Madison led the way to the solution of our Constitution with the able support (mostly) of Alexander Hamilton.  Subsequently Hamilton devised a plan to put the finances of our fledgling government … Continue reading →

Posted in Deficits & Debt, Economic History, Financial Crises

BUDGET and ECONOMIC OUTLOOK

Posted on February 7, 2014 by ws-admin

The Congrssional Budget Office (CBO) has just released its biannual budget and economic forecast.  The full report, including the controversial and much misunderstood appendix Labor Market Effects of the Affordable Care Act, runs 182 pages.  Mercifully, the CBO provides a … Continue reading →

Posted in Deficits & Debt, Economic Growth, Expected Returns, Inflation

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