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Articles by: Marc Nuttle

The Catch-22 of Sovereign Debt Part 1

The Catch-22 of Sovereign Debt Part 1

August 23, 2012 at 2:42 pm 0 comments

Washington just added another $2.4 trillion to an already exploding debt of $14 trillion. The accumulated obligations of the U.S. now exceed 100% of America’s Gross Domestic Product. We’ve reached that point at which we are trapped in an economic catch-22.

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The Catch 22 of Sovereign Debt Part 2

The Catch 22 of Sovereign Debt Part 2

August 23, 2012 at 2:40 pm 0 comments

Congress doesn’t have the stomach to do what’s necessary to cut spending and put our economy back on track.

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The Catch 22 of a Top Heavy Boat

The Catch 22 of a Top Heavy Boat

August 23, 2012 at 2:39 pm 0 comments

50% of the people in the United States receive a government check of some kind. That is a direct transfer from one taxpayer to another. Subtract the cost of the government program making the transfer and you get the government’s “take” for administering and processing the transfer.

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The Catch 22 with the President’s Jobs Act

The Catch 22 with the President’s Jobs Act

August 22, 2012 at 12:57 pm 0 comments

I wish the President’s Jobs Act could turn around our economy and put people back to work. Like most Americans, we want the President to be successful. But wishful thinking won’t make it so.

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The Debt Wall and Its Repercussions

The Debt Wall and Its Repercussions

June 1, 2012 at 9:20 am Comments are Disabled

It is no secret that the U.S. is facing a debt crisis today. The national debt has risen to $14 trillion this year and is expected to go up to $16 trillion in 2012. High interest rates and budget deficit problems are among the main reasons why the national debt [...]

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The Titanic States of America

The Titanic States of America

May 24, 2012 at 4:18 pm 0 comments

During this the 100th anniversary of the sinking of the Titanic it is worth remembering the technological marvel she was for her time. Whether apocryphal or not she was believed to be unsinkable. Of course she did sink and in the process became an enduring metaphor for all matters of seemingly [...]

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The Problem with Liberal Economists

The Problem with Liberal Economists

May 24, 2012 at 4:11 pm 0 comments

Today’s Wall Street Op-ed from noted MIT and Nobel laureate Peter Diamond and UC Berkeley economics professor Emmanuel Saez, sums up nicely what is wrong with liberal economics. OK, it’s a long-ish article on marginal tax rates so it doesn’t nicely sum up anything. Instead it smacks you over the [...]

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Double dip recession fears as European debt crisis hits U.S. after export orders dry up

November 14, 2011 at 4:30 pm 0 comments

The tremors from Europe’s financial upheaval have reached U.S. shores, rattling consumers and companies. The consequences have been limited so far. Yet the United States and Europe are so closely linked that any slowdown across the Atlantic is felt here. U.S. makers of cars, solar panels, drugs, clothes and computer [...]

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Supercommittee debt deal increasingly looks elusive

November 14, 2011 at 4:16 pm 0 comments

WASHINGTON – With just 10 days left before a Thanksgiving deadline, members of a congressional supercommittee appear increasingly pessimistic about the odds of forging a debt-reduction deal, despite an unprecedented offer by Republicans to raise taxes. The public debate has grown more divisive since both sides laid out new offers [...]

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France Keeps a Watchful Eye on Turmoil in Italy

November 14, 2011 at 4:11 pm 0 comments

First it was Athens. Then Rome. Could Paris be next? While Italy has replaced Greece as the focus of anxiety amid Europe’s worsening debt crisis, investors are increasingly concerned about the outlook for France, whose banks are among the world’s biggest and are closely linked with their counterparts in the [...]

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