Tag Archives: National Debt

America’s Funeral

Wednesday, December 5, 2018, was cold and bleak back in Washington. It rained here in Los Angeles. Things were dismal everywhere, and the day before the markets had crashed. The Dow fell eight hundred points. And the Trump presidency seemed … Continue reading

Posted in End of the American Experiment, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Greece Hits the Wall

Let’s talk about debt. We’re all awash in it – credit cards, student loans, the mortgage and all the rest – and we can’t print our own money. We’re stuck with it. We’ll never pay it off. We live lives … Continue reading

Posted in Austerity Economics, Greek Debt Crisis | Tagged , , , , , | Leave a comment

The Uses of Fiction

The problem was isolation from what they call the real world – four years of college, a few years of grad school and almost a decade teaching the bored and surly children of the absurdly wealthy at a prep school … Continue reading

Posted in Economic Issues, Economic Theory, Obama's Budget | Tagged , , , , , , , , , , , , , , , | 1 Comment