First and foremost, I would like to apologize for my lack of publications in the recent weeks. My day job and personal life have taken a heavy toll on my free time to write and let alone, read the economic news in detail as I like it. Nevertheless, much of that has been taken cared … Continue reading A Quick Recap of What Has Happened in the U.S. Economy
The CBO(Congressional Budget Office) released their March 2017 10-year budget and economic projections and let me tell you, it does not look good. As of right now, 77% for the federal debt is held by the public. The CBO states that "if current laws generally remained unchanged, the Congressional Budget Office projects, growing budget defictis … Continue reading Would You Like More Debt? If so, Then You Are in Luck.