Government Deficits

Latest Government Scheme For Growth – The Invisible Tax Cut

Pulling forward future demand to stimulate economic growth didn’t work with the cash for clunkers program or housing tax credits.   Car and home sales collapsed after consumers who were going to buy cars or houses anyways bought today instead [...]

Mr Obama, Please Don’t Read This

Mr Obama, Please Don't Read This

US Companies Build Massive Cash Reserves Based on Economic Worries Wall Street Journal – U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and about [...]