Thursday , August 22 2019
Home / Cato Liberty / What About the Debt Crisis?

What About the Debt Crisis?

Summary:
In his State of the Union address, President Trump proposed new spending on infrastructure, health research, border security, and paid family leave. He lauded big increases in defense spending and the costly farm bill passed in December. But no mention of the largest problem facing the government and the U.S. economy—massive and rising federal debt. Source: Congressional Budget Office.

Topics:
Chris Edwards considers the following as important:

This could be interesting, too:

Wolf Richter writes Repo Market Problems & Ballooning Inventories of Treasuries at Primary Dealers Make it into the Fed’s Minutes. My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps

Tyler Durden writes China’s Ultimate Play For Global Oil Market Control

Tyler Durden writes ‘A Total Failure’: Homeless Crisis In Progressive Cities Reaches Fever Pitch 

Tyler Durden writes 4 Compelling Reasons To Be Thinking About Gold

In his State of the Union address, President Trump proposed new spending on infrastructure, health research, border security, and paid family leave. He lauded big increases in defense spending and the costly farm bill passed in December.

But no mention of the largest problem facing the government and the U.S. economy—massive and rising federal debt.

What About the Debt Crisis?

Source: Congressional Budget Office.

Chris Edwards
Editor of http://DownsizingGovernment.org (@DownsizeTheFeds) at the Cato Institute.

Leave a Reply

Your email address will not be published. Required fields are marked *