Category Archives: economics

Debt Deal Won’t Save the Economy

By clay | Published: August 1, 2011
A couple days ago Drudge had a link to an article that indicated the Obama administration was hoping that markets would have dropped this last Monday morning. Thus forcing lawmakers to act swiftly in reaching an agreement on the nations absurd debt problem. However, that never happened. There was no drop and obviously no agreement [...]
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Is it the Debt or the GDP?

By clay | Published: July 29, 2011
I’m sitting in Baltimore watching CNN and they are reporting that the Dow is falling as the debt ceiling looms and negotiations have stalled. They are making the case that it is precisely because of the debt problem. And, while I do not doubt that the debt is a strong factor I think the sputtering [...]
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