Tagged: debt


Deficit Redux: How We All Learned To Stop Worrying And Embrace It

  Michael Klein explains how in any given year, the difference between federal tax receipts and federal spending, including spending on servicing the outstanding federal debt, determines whether the U.S. Government has a budget deficit or a budget surplus. Jeanne Sahadi notes that for fiscal year 2017, it hit $666...

Driverless Car

Paper Chase: Driverless Cars

Equity markets are still riding record highs on hopes of improving economy, and the market shrugged off GDP contraction of -.1% in the first quarter which was largely blamed on the weather. Economists fully expect the economy to bounce back in the 2nd quarter.   Home prices continued to rise...