Economy Jan 28 U.S. budget deficit likely to break $1 trillion in 2020 despite strong economy By Andrew Taylor, Associated Press
Jan 11 Watch Shields, Brooks on Trillion Dollar Coins, Hall of Fame Woes Shields, Brooks on Trillion Dollar Coins, 'Zero Dark Thirty,' Hall of Fame Woes…
Economy May 22 What Are the Chances the Government Will Profit on the Bank Bailouts? Question: It seems that almost all of the news we hear about the government’s bailout of the banks is negative, as if the American taxpayer will never see another dime of the bailout money again. But isn’t it true…
Economy Apr 21 If AIG Uses Its Bailout to Pay Off Other Debts, Is That a Ponzi Scheme? Question: If we are shoveling money into AIG and they are pushing it out the back door to pay off bad debts and then banks announce profits, does this mean we are in a…
Economy Mar 18 How and Why Is the Fed Creating $1 Trillion? Question: How and why is the Fed creating $1 trillion in new funds to buy securities? Paul Solman: They’ve been calling Fed chairman Bernanke “Helicopter Ben” since he told conservative economics icon Milton Friedman, in a speech a few… By Business Desk
Mar 09 What’s the Total Wealth of the United States? Question: With all this economic turmoil and talk of trillions of dollars, my question is: What is the total wealth of the United States? If the total U.S. wealth is, say, $100,000 trillion, then spending $1 trillion to help banks… Continue reading