Should that be the case, the revenue projections of President Obama, Paul Ryan, and the nonpartisan Congressional Budget Office are all hopelessly optimistic with obvious implications on the deficit, on interest on the national debt, and on long-term interest rates as well.
Post Tagged with: "Mish"
April 29, 2011 07:06
Underwater Mortgages a Threat to Recovery; Expect No More Than 3% Growth Until Housing Recovers
March 28, 2011 04:50
Misguided Views of Libertarian Economics and the Alternative “Regulation” Model
The solution is to throw away all legislation except what is needed to protect private property, prevent fraud, protect human rights, and give everyone an equal chance under the law.
January 24, 2011 10:31
Budget Deficit Accounting Fraud and the Off-Balance-Sheet Student Loan Scam; Time to Scrap Entire Student Loan Program
Inquiring minds have been wondering why the federal debt has been rising far faster than cumulative federal deficits. The short answer is off-balance-sheet scams like student loans and Fannie Mae and Freddie Mac “assets”.
