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Budget

Budget

We Must Stop Showering the Military With Money

Ashish -
America faces lots of challenges. A blank check for the Pentagon doesn’t help solve them.
Budget

Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds

Ashish -
Treasury rates remain strikingly low, partly because of the safety government debt offers corporations and retirees. Whether that endures is crucial to federal spending.
Budget

U.S. National Debt Tops $30 Trillion as Borrowing Surged

Ashish -
The record red ink, fueled by spending to combat the coronavirus, comes as interest rates are expected to rise, which could add to America’s...
Budget

Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.

Ashish -
Modern Monetary Theory, the buzziest economic idea in decades, got a pandemic tryout of sorts. Now inflation is testing its limits.
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