Tag Archives: debt

End of the American Dream.

I saw an article online here: http://sacramento.cbslocal.com/2014/11/26/uc-davis-economics-professor-there-is-no-american-dream/  That talks about how there is no more upwards mobility at all, and that the American Dream is dead.  I was going to do a short comment, but it turned out much longer … Continue reading

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Increase in Borrowing doesn’t lead to Increase in GDP

A friend called me up with an interesting analysis.  The supposition was that if the Government is going at least $1,000,000,000,000 into debt every year in order to “Save the Economy,” shouldn’t the economy (the GDP) be growing at a … Continue reading

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