Federal Disability Policy Poses Insidious Problems for Disabled People Who Want to Generate Income by Michael Gorback, M.D. • Jun 24, 2019 • 56 Comments How to Bring the Disabled Out of the Economic Closet
The Countries with the Most Monstrous Corporate Debt Pileups: US Fizzles in 24th Place! Canada Shines in 11th Place by Wolf Richter • Jun 10, 2019 • 73 Comments China’s corporations deleverage, forced or otherwise.
GDP Rose by $1.0 Trillion in 2018, US Gov. Debt by $1.3 Trillion by Wolf Richter • Feb 28, 2019 • 103 Comments Where would GDP growth be without federal borrow-and-spend?
At Taxpayers’ Expense, Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018. Here’s How by Wolf Richter • Jan 10, 2019 • 106 Comments The Slickest Annual Wealth-Transfer from Taxpayers to the Banks via the Fed.
“Double Whammy of Rising Rates for Us and Our Consumers”: AutoNation by Wolf Richter • Oct 31, 2018 • 70 Comments We knew “free money would inevitably end”: CEO Jackson. “Affordability would become an issue – particularly around new vehicles.”
Exxon Now Advocates for Carbon Tax? Hmmm by Leonard Hyman and Willian Tilles • Oct 12, 2018 • 95 Comments Some things are just too curious.
“Rising Inequality” Could Impact America’s AAA Credit Rating by Safehaven • Oct 10, 2018 • 33 Comments Moody’s: It “will exacerbate already material fiscal challenges on the horizon.” If unaddressed, “social tensions will continue to rise.”
US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion by Wolf Richter • Oct 1, 2018 • 130 Comments But wait — these are the Boom Times!
What I Wrote to the White House about Trade & Tariffs by Wolf Richter • Sep 23, 2018 • 107 Comments That Trump is bungling the debate became clear when he was getting bashed like a sitting duck from all sides: Corporate America, China, the EU, other entities that would lose, and their propaganda outlets in the media.
Could California Flame Out? by John McNellis • Aug 5, 2018 • 112 Comments High housing costs & taxes lead to this: “Once we decided we had to get our employees out of California, we went about our search systematically.”